20-4-2024 (BANGKOK) Thailand has unveiled ambitious plans to construct a towering skyscraper that would eclipse the Burj Khalifa in Dubai, currently the world’s tallest building, as the country seeks to establish a new architectural icon and bolster its economy through private investment.
The revelation came from Thai Prime Minister Srettha Thavisin, who took to his official X (formerly Twitter) account to disclose that he had met with a consortium of investors, including the renowned Emaar Group – the developer behind the Burj Khalifa. The group also comprises other prominent Middle Eastern and Chinese companies, such as Broad Group and Vatone Group.
การส่งเสริมการลงทุนจากภาคเอกชนเป็นปัจจัยสำคัญในการกระตุ้นเศรษฐกิจประเทศ สร้างรายได้ให้พี่น้องประชาชนครับ
ก่อนเดินทางลงพื้นที่ จ.ภูเก็ต ผมจึงพบกับกลุ่มบริษัทตะวันออกกลาง และจีน EMAAR Group, Broad Group และ Vatone Group ซึ่ง EMAAR เป็นหนึ่งในกลุ่มบริษัท Real Estate Developer… pic.twitter.com/YtsiVmjmiA
— Srettha Thavisin (@Thavisin) April 19, 2024
In his post, Srettha emphasized the importance of private sector investment in stimulating Thailand’s economy for the benefit of its citizens. He disclosed that the proposed megaproject would incorporate a vast department store, offices, a financial hub, a hotel, and an entertainment center, underscoring its potential to create significant investment value and attract tourists.
“Promoting private investment is a crucial factor in stimulating the country’s economy and generating income for our citizens,” Srettha stated. “Before traveling to Phuket province, I met with a group of Middle Eastern and Chinese companies, including Emaar Group, Broad Group, and Vatone Group. Emaar is one of the world’s leading real estate development groups and the builder of the Burj Khalifa in Dubai.”
While the discussions are still in their initial stages, reports from the Bangkok Post indicate that the investor group is interested in establishing the megaproject in Thailand’s capital city of Bangkok.
Mohamed Alabbar, the founder of Emaar, clarified that the megaproject would not be developed by the publicly traded company but rather by a group of investors, including himself in a personal capacity.
The Thai government’s ambition to construct a building taller than the 828-meter (2,717-foot) Burj Khalifa is a testament to the country’s aspirations to create an iconic architectural marvel that would capture global attention and boost its tourism industry.
As the plans progress, details regarding the proposed skyscraper’s design, height, and construction timeline are expected to emerge, fueling anticipation and debate among architectural enthusiasts and the public alike.
