Reshaping Thailand's shopping landscape
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The ten members of the Thai Shopping Centres Association (TSCA) are investing Bt103 billion from now until 2017, to boost their combined retail space to 14 million square metres.
The association's members revealed the plan today to turn Thailand into a world-class destination and to meet the opportunities that the Asean Economic Community (AEC) will bring.
"We reaffirm our standing vision to steer Thailand to become the premier shopping and tourism destination of the Southeast Asia region and the world. Our TSCA members have together decided to invest substantially between 2015 to 2017 in infrastructure mega-projects with over 500,000 sqm in combined commercial areas, as well as, in developing distinctive lifestyle malls to accommodate modern lifestyle," said TSCA President Wallaya Chirathivat.
The ten members are:
MBK
The Mall Group
Siam Retail Development
The Platinum Group
K.E. Land
Seacon Development
Siam Future Development
Rangsit Plaza
Siam Piwat Group
Central Pattana
