SET-listed Bangkok Land Plc (BLAND) is eyeing development of a large shopping mall or retail space for rent at Bangkok’s Muang Thong Thani in the near future to capitalise on that area’s high population density.
"Muang Thong Thani itself has 200,000 residents, while Impact Exhibition and Convention Centre sees 15 million visitors a year," said managing director Peter Kanjanapas.
"The number of workers in this area is expected to surge to 20,000 from 5,000 now in the coming years. The Chaeng Watthana branch of Kasikornbank (KBank) is constructing another building, while the Royal Thai Police recently acquired 300 rai from Bangkok Land to develop apartments for police officers."
(Source: Bangkok Post)