The Thailand property market is still showing strong growth thanks to the country's expanding economy, Sansiri Plc's president Srettha Thavisin said in an interview. He also denied the existence of a market bubble and explained that the Thai economy was not just driven by that of the capital, citing a National Economic and Social Development Board (NESDB). The study showing that greater Bangkok contributed to only 44 per cent of the economy in 2010, which was lower than the 52-per-cent contribution in 2001. This ratio means the provinces now have a greater influence in the nation's economic growth. As a result, property firms have decided to expand their investment into the provinces since 2010.