Robinson plans to open a branch in Mae Sot district, Tak, in 2017. MBK and MM Mega Market of TCC Land, owned by beverage tycoon Charoen Sirivadanabhakdi, also plan to invest more than Bt10 billion to develop shopping centres and community malls in this province," REIC director-general Samma Kitsin said.
Nong Khai is another province that has seen more investment in retail business to cash in on demand from both local and Laotian shoppers.
The REIC reported that Nong Khai had two Tesco Lotus branches and one Makro, while TCC Land Group planned to open an MM Mega Market shopping centre and Vviang Lifestyle Mall in the province next year. Aranyaprathet district of Sa Kaew province is also a popular location for retail business.
This is thanks to the government's policy to build SEZs and invest in infrastructure projects worth more than Bt1 trillion between next year and 2019, Samma said.