The owner of the Talaad Thai wholesale market in Rangit has announced a THB2.35 billion (US$71 million) plan to make the premises a hub for the ASEAN (Association of Southeast Asian Nations) produce trade, the Bangkok Postreported. [Talaad Thai - wum-aprg org]
The story reported the two-year move byThai Agro Exchange Co chairman Pradit Phataraprasit was the biggest investment in the bustling produce market – just 43km (27mi) outside of Bangkok – since it was founded almost two decades ago.
Produce market sees itself as Asean hub
Former politician Pradit Phataraprasit plans to spend 2.35 billion baht over the next two years to upgrade Talaad Thai, the biggest wholesale market in the country.
The fund will also be used to improve infrastructure at the popular fresh fruit and vegetable market 43 kilometres from Bangkok.
Market owner plans Bt2.6 bn project, aimed at making Thailand wholesale hub for AEC fruit, vegetable wholesaling
Talaad Thai, a large fruit and vegetable wholesale market near Rangsit, has announced a major investment and business alignment programme aimed at helping to position Thailand as the hub for the Asean Economic Community's Bt2.7-trillion wholesaling trade in fresh fruits and vegetables.