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Bangkok Retail Property – Mall Group pumping Bt50 bn into world-class shopping centres

By on May 15, 2014 in Property News, Retail

The Mall Group is set to make Thai retail history with more than Bt50 billion worth of investment being allocated to six world-class shopping centres – The Emporium, The EmQuartier, The Emsphere, BluPort, BluPearl and Bangkok Mall.

The expansion will form a major part of The Mall Group’s bid to cash in on the full implementation of the Asean Economic Community (AEC) next year.

In preparation of the expected increase in tourism triggered by the AEC, The Mall Group is launching another retail project under its Blu Collection in Hua Hin.

Another pivotal goal for The Mall Group is its flagship project and the company’s grand statement, Bangkok Mall, to be located at the intersection of Bang Na-Trat and Sukhumvit roads.  Udom Suk and Bang Na BTS stations will connect directly to the 650,000-square-metre Bangkok Mall, which will occupy a plot of some 100 rai across from the Bitec convention centre in Bang Na, which is expanding to 300,000 square metres.  The Mall Group is investing more than Bt20 billion in the Bangkok Mall project, which is destined to become a city within a city with its ultra-modern and spectacular architecture consisting of business, residential and office space, said the vice chairman.

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