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Thai Businessman to Make Mark in Laos Property-Development Sector.
Byline: Sanitsuda Ekachai
Dec. 1--In business, it pays to be the first. This is why Thai businessman Sackchai Wongmalasith is investing in property development in sleepy, landlocked Laos.
Mr Sackchai is chairman of Thai World Group, which is building Laos' first trade exhibition centre cum entertainment complex in the outskirts of the capital city of Vientiane.
"The purchasing power of the Lao people might not be as great compared to other countries in the region," he said. "But if we're the only one there, then it's a good business opportunity."
The US$ 7,500,000 (299.3 million baht) structure has 18,000 square meters of display area ...
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Source: HighBeam Research, Thai Businessman to Make Mark in Laos Property-Development Sector.