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Friday, May 3, 2024

Siam Piwat Simon plans second Premium Outlets in tourist hotspot

Photo Courtesy of Bangkok Post

Shopping mall operator Siam Piwat Simon Co is exploring options for the best location to open a second branch of Siam Premium Outlets Bangkok, focusing on provinces with a large local population and high foreign tourist numbers.

Michael Tang, the company’s managing director, highlighted the importance of excellent transport infrastructure and convenient access for travellers when selecting the location for the second branch. Siam Piwat Simon Co is a partnership between Siam Piwat Group and US-based Simon Property Group, which specialises in mall investments.

Tang commented, “We are interested in opening a new Siam Premium Outlets Bangkok because Thailand still holds potential for more high-quality shopping outlets.” He pointed out that despite smaller local populations and fewer foreign tourists compared to Thailand, South Korea has…

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