CGD Looks Ahead


Land on RAMA III earmarked for new development project

Always looking for opportunities to create meaningful projects and experiences, Country Group Development recently announced that it acquired a 22-3-93 Rai plot of land on Bangkok’s Industrial Ring Road Rama III in December of last year; the site is an ideally located future-proof asset with convenient access to and from the city’s expressways and existing mass transit networks.

“We are excited by the acquisition and energised by the new opportunities that lie ahead”, said Ben Taechaubol, CEO of Country Group Development. “This will be an exciting follow-up project to Chao Phraya Estate and I look forward to working collectively with the team to continue to drive growth and build on our strategic objectives” he added.

This marks the second acquisition for the firm in 2017, following the successful transaction for a new mixed-use community mall development encompassing over 79-3-63 Rai asset of land in the strategic Chachoengsao province in Thailand’s emerging Eastern Economic Corridor (EEC) in June 2017.