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Friday, March 29, 2024

Pantip Pratunam pivots to wholesale trade hub

Pantip Pratunam pivots to wholesale trade hub

Repositioning is part of parent Asset World Corp’s five-year development plan

The ongoing development plan will be the same as promised to investors during the IPO a year ago, Mrs Wallapa says.

SET-listed Asset World Corp (AWC), the property arm of billionaire Charoen Sirivadhanabhakdi’s TCC Group, plans to turn its 19-year-old Pantip Pratunam into a new wholesale trade hub for Thai manufacturers.

Wallapa Traisorat, AWC’s chief executive and president, said the IT mall on Phetchaburi Road will present more trade opportunities for Thai products that don’t have a wholesale marketplace, especially as the country has the potential to become a hub in the region for the Cambodia, Laos, Myanmar and Vietnam (CLMV)…

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