Bt10bn CentralWestGate planned for Bang Yai
Central Pattana is investing Bt10 billion to develop CentralWestGate, set to be Asia's prototype of a super regional mall and turn Thailand to a regional shopping hub.
Located in Bang Yai, a major hub of rail and roads in Bangkok, CentralWestGate is a combination of shopping mall, lifestyle complex, state-of-the-art entertainment complex, a world-class attraction, and a residential project. The project will comprisea total of 1,000 anchor stores and super-sized shops of both Thai and international brands, including world-famous fashion brands. It will be the new dining destination that combines restaurants to meet every preference. The project will open early in 2015. It is expected that the project will serve more than 200,000 customers each day.
"This is a major investment for CPN, which will promote Thailand as a retail leader in the region. With the project, Bangkok and Thailand will become a regional shopping hub, like other major cities of the world. CPN has chosen the Bang Yai Intersection as the project location. The area has high potential and is suitable to be a "new city", which will have soaring growth. Bang Yai will become Thailand's new Central Business District (CBD) and a new residential area, which corresponds with the government's city expansion policy," said Wallaya Chirathivat, CPN's Senior Executive Vice President for Business Development, Design & Construction.