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Thai malls to invest USD2.8b to promote regional shopping hub

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The Business Times
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Thai shopping mall developers plan to invest more than THB103 billion (USD2.83b) over the next three years to expand and open new stores as part of a drive to promote Thailand as a regional shopping hub, a private body said on Tuesday.

Plans to integrate Southeast Asia into a single market by 2015, as set out by the ASEAN Economic Community, will draw more foreign tourists to Thailand, Wallaya Chirathivat, president of Thai Shopping Center Association, told a news conference.


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