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LH Invests 5.7 Billion Baht to Elevate Pattaya's Shopping Scene


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Pattaya's shopping landscape is on the brink of transformation as Land and Houses (LH), a leading Thai property developer, unveils a substantial 5.7 billion baht investment in its renowned Terminal 21 Pattaya shopping mall. This move underscores Pattaya's robust economic potential, rivalling its famed beaches.

 

Opened six years ago, Terminal 21 Pattaya has become a must-visit spot for tourists, featuring the longest escalator in Thailand at 39 metres. According to Prasert Sriuranpong, managing director at LH Mall & Hotel (LHMH), Pattaya’s year-round tourist magnetism and strategic location within the Eastern Economic Corridor (EEC) enhance its attractiveness.


This year, Terminal 21 saw a 12% increase in visitors compared to last year, even exceeding pre-pandemic levels. The influx is driven by tourists from countries like China, Singapore, and India, who spend significantly more than domestic visitors.

 

LHMH is capitalising on this trend by adding new retail spaces and hosting international events, such as the Pattaya Marathon, attracting over 15,000 attendees. Additionally, a major renovation is planned for the Fashion Island mall in Bangkok, expanding parking by 40% and set for completion by 2025, showcasing LHMH's confidence in Thailand’s retail growth.

 

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-- 2024-10-17

 

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News story about unveiling of budget but without saying anything what is actually planned to be done - if anything rather just wanting media visibility 

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2 hours ago, mran66 said:

News story about unveiling of budget but without saying anything what is actually planned to be done - if anything rather just wanting media visibility 

 

Very annoying. 7.5 billion ain't peanuts.

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2 hours ago, mran66 said:

News story about unveiling of budget but without saying anything what is actually planned to be done - if anything rather just wanting media visibility 

 

Maybe they gonna upgrade the signs in the car park that point to the mall entrance, as the few times I have parked there, it was not clearly visible

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