BANGKOK: Central Pattana Pcl, Thailand’s largest mall operator, will invest 22 billion baht (US$722.97 million) by 2022 in new projects and store renovations, a top executive said, despite a slowing economy and growing popularity of e-commerce in South-East Asia’s second-largest economy.
The expansion will extend the company’s retail reach further outside the capital just months after it announced the 36.7 billion baht Dusit Central Park joint venture project in Bangkok with Dusit Thani Pcl.
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