BANGKOK -- Thai conglomerate Charoen Pokphand Group plans to build a huge commercial and residential complex in the beach city of Pattaya, the Nikkei Asian Review has learned, a project expected to boost profitability of a $7.3 billion high-speed rail line that the company has been chosen to construct.
The complex, on a site larger than 480,000 sq. meters, will include a shopping mall, hotel, cinemas and a convention center. The investment budget will be at least 10 billion baht ($327 million), a Pattaya city source said.
