CP Land, property arm of Charoen Pokphand Group, revealed its investment strategy between 2015 and 2017. The plan will focuses on office and hospitality properties in Thailand and abroad, including Asean, Europe and New Zealand.
The detail of the project includes an investment project in Yanon, Myanma worth Bt 500 million in the second half of this year. Then the company will invest in office and hospitality properties in Vietnam, Laos and Cambodia, while negotiating with investors from China, Japan and Singapore to do business in Thailand.
Domestically, in the second half of this year CP Land will launch condominium projects in Geater Bangkok near major trasport corridors, as well as in upcountry cities. In addition, the company plans to open new office buildings in upcountry cities, such as Surat Thani, Nakhon Si Thammarat, Hat Yai, and Khon Kaen.
As part of the investment plan, CP Land has set aside some capital for an industrial estate and power plant development projects.
