The Business Times

Korean-themed mall opens in Bangkok

Published Mon, Apr 10, 2017 · 04:23 PM

[BANGKOK] Hoping to capitalise on growing regional interest in South Korean pop culture, a Thai company opened a US$275 million Korean-themed shopping mall and entertainment complex in Bangkok on Monday.

The 180,000 square metre building targets both Thai fans of K-Culture and foreign visitors. It hopes to get 10 million visitors a year and become a major attraction in what was the world's most visited city last year. "A lot of Asian people are fans of Korea," said Chayaditt Hutanuwatra, chairman of privately-owned SHOW D.C. Corp Ltd."Thailand is the place where people can just fly in." The mall has stores with clothing, cosmetics and restaurants from Korean brands and K-pop artists. It has statues and palm prints of Korean stars and plans to bring Korean performers in to the floor it has dedicated as a concert hall.

South Korea's Lotte Group is among the companies that will open a store there, the mall said.

Around a third of the more than 34 million tourists forecast to visit Thailand this year are from China - where interest in K-Culture has been driven underground by a recent row over Seoul's deployment of a missile defence system.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Consumer & Healthcare

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here