Making waves in the business news is a lead piece in the Bangkok Post about Thailand’s Central Group who are set to invest THB20 billion into Phuket over the next five to seven years.
Included in the project listing are three retail malls, a convention center, three hotels, and a series of commercial and residential projects.
The article specially mentions 3 different geographic zones for the development in the center of the island, up north and in the west.
Specific locations were not named, though it’s well known the group already have amassed a large land bank in Phuket.
Most of the new projects will be mixed use and currently Central are already in the process of planning for the expansion of Central Festival Mall.