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Large retail project in Koh Samui planned.

Bangkok Post (Bangkok, Thailand)

| March 03, 2005 | COPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Kanana Katharangsiporn

Mar. 3--Two young entrepreneurs are planning to develop a 34-rai retail centre on Koh Samui worth 500 million baht.

Sayam Poopoksakul, 31, a director of Function Homes Co Ltd, said there were about 400 hotels and resorts on the island with an occupancy rate of almost 100 percent during the tourist high season, which lasts almost eight months a year.

"They :hotel operators: need to change room accessories like curtains, wallpaper, tiles, beds and pillows on a regular basis. But currently, there is no one-stop shopping area to fit that need. Meanwhile, existing shops have limited parking space and are far apart," he ...

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