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Platinum to splash out on wholesale hub

Massive project eyes foreign buyers

Platinum Group Plc, a fashion wholesale centre operator in Pratunam, will allocate 5 billion baht on a new wholesale project to be launched by 2021 in a bid to push the district to become the largest wholesale hub in Asean.

President Chanchai Phansopha said the project will not only involve wholesale clothing, but other products as well.

The area the company aims to develop for the project will span from Phetchaburi Road and the nearby Intra-Pratunam shopping centre to the Airport Rail Link. It is open on investment conditions, whether the company goes it alone, sets up a joint venture with landlords, leases the land or pursues a merger and acquisition scheme.

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