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03-04-2017, 07:44 PM
Thai Billionaire Charoen Plans $3.5 Billion Bangkok Development
by Pooja Thakur Mahrotri and Supunnabul Suwannakij
April 3, 2017, 1:56 PM GMT+8
Thailand’s richest man, Charoen Sirivadhanabhakdi, is planning a $3.5 billion property development in central Bangkok that will include offices, homes and shopping malls.
Charoen’s TCC Group and its Singapore unit Frasers Centrepoint Ltd. will develop the project, said Panote Sirivadhanabhakdi, group chief executive officer of Frasers Centrepoint. ‘One Bangkok,’ covering 16.7 hectares (41 acres), will be the largest mixed-use development in Thailand, he said.
“We aim to develop this project to be Thailand’s landmark,” Charoen Sirivadhanabhakdi said at a press conference in Bangkok on Monday. “I hope this project will house the headquarters of major global companies which will further expand growth to the country.”
More details in https://www.bloomberg.com/news/articles/...evelopment
by Pooja Thakur Mahrotri and Supunnabul Suwannakij
April 3, 2017, 1:56 PM GMT+8
Thailand’s richest man, Charoen Sirivadhanabhakdi, is planning a $3.5 billion property development in central Bangkok that will include offices, homes and shopping malls.
Charoen’s TCC Group and its Singapore unit Frasers Centrepoint Ltd. will develop the project, said Panote Sirivadhanabhakdi, group chief executive officer of Frasers Centrepoint. ‘One Bangkok,’ covering 16.7 hectares (41 acres), will be the largest mixed-use development in Thailand, he said.
“We aim to develop this project to be Thailand’s landmark,” Charoen Sirivadhanabhakdi said at a press conference in Bangkok on Monday. “I hope this project will house the headquarters of major global companies which will further expand growth to the country.”
More details in https://www.bloomberg.com/news/articles/...evelopment
Specuvestor: Asset - Business - Structure.