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.
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Thailand's CP plans $330m seaside hub linked to high-speed rail
Retail and housing complex meant to draw more traffic to resort city Pattaya
Tourists dip their toes into the ocean near Pattaya, which has transformed from a sleepy fishing village 60 years ago into a thriving vacation destination. © Reuters
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