A new Chinatown, Prime Square, is being developed in Udon Thani province to cash in on the growing border trade between Thailand and Laos as well as Vietnam.
The implementation of the Asean Economic Community at the end of this year is expected to attract more visitors and workers into Udon Thani to the benefit of the local economy.
Somprasong Panjalak, chairman of Prime Road Group, the developer of Prime Square Udon Thani, says the company has set aside an investment budget of Bt1 billion for the construction of commercial properties with a Chinese theme. The buildings will have a total of 230 units.