A group of investors led by a Dubai- based real estate developer is in talks to build a mixed-use tower in Thailand that may vie for the title of the world’s tallest building, according to Prime Minister Srettha Thavisin.
Mr Srettha met with a group of Middle Eastern and Chinese companies including Emaar Group, Broad Group and Vatone Group and discussed plans to “build the world’s tallest building in Thailand”, he said in a post on X on Friday.
Emaar is best known for building Burj Khalifa in Dubai, currently the world’s tallest tower at 828 metres.
The tallest building in Thailand is the 70- storey Magnolias Waterfront Residences Iconsiam in Bangkok, at 318 metres.
Mohamed Alabbar, who founded Emaar, said the Thai project would not be developed by the publicly traded company but by a group of investors that includes him in a personal capacity. The talks are in early stages for “a super-tall tower”, he said.
The project in Thailand would include a large department store, offices, a financial hub, a hotel and an entertainment centre, said Mr Srettha, who headed the property developer Sansiri Plc before entering politics last year.
The Pheu Thai government that Mr Srettha heads is also studying the development of entertainment complexes that would house casinos.
“It will create considerable investment value and attract tourists,” Mr Srettha wrote in the post, adding that the investors would study the prospects and propose an investment plan later. Source: Bangkok Post
