BANGKOK - Central Pattana, the property development and management arm of Thailand's largest retail company, Central Group, is opening a major shopping mall in August in Bangkok's western suburbs that will later host the country's second Ikea store.
The Swedish furniture and lifestyle chain will open its new outlet in 2017 to complement some 500 restaurants, clothing stores and entertainment outlets in the 14 billion baht ($420 million) CentralPlaza Westgate retail complex, which is being developed on a 100-rai plot in the Bangyai area of Nonthaburi province, west of the Chao Phraya river.
Wallaya Chirathivat, a Central Pattana senior executive vice president, said CentralPlaza Westgate will be a "super regional mall" and one of the group's largest.
The Bangyai area is an emerging transport hub. A rail link to central Bangkok across the Chao Phraya river is due to begin operating by next year, and ring road and expressway connections are being developed near the mall.
CentralPlaza Westgate has a four-story main structure with retail and parking space exceeding 500,000 sq. meters in the first phase, making it easily the largest shopping complex in the area. An average 80,000 visitors per day are expected. The complex will have a cineplex, fitness club and amusement area, which will launch with a six-month exhibition featuring Doraemon, the Japanese animated character.
Read the full article here.