BANGKOK/TOKYO — Bangkok is poised for a wave of renewal projects totaling more than 500 billion baht ($14 billion) and backed by some of the country’s top conglomerates, aiming to transform the Thai capital into a destination rivalling Singapore.
A mammoth development is under way on prime real estate across from Lumpini Park in central Bangkok, led by conglomerate TCC Group. One Bangkok will be among the biggest private-sector projects in the country at 120 billion baht.
