ThaiMart opening ‘soon’
ThaiMart, a Thai - land-themed shopping mall will be opened in five months, it was announced. The new mall, which will cover 6,700-sqm space, is result of a collaboration between Thailand’s Vega Intertrade and Exhibitions LLC, and Bahrain counterpart Diyar Al Muharraq. The new project follows Diyar Al Muharraq’s success with Dragon City. The shopping mall, which has been a success since its opening covers an area of 55,000 sqm, featuring around 800 wholesale and retail shops of Chinese products.
Opened in 2015, the Dragon City has received an overwhelming feedback from the locals and tourists from across the region. In 2017, the mall welcomed over seven million visitors. ThaiMart will be located next to the Dragon City with around 200 shops. It will be featuring a wide range of authentic Thai products. ThaiMart Managing Director Akavut Tangsilikusonwong described the project as an important milestone for Thai business in the Kingdom and a new important partnership between the two countries.
He said that ThaiMart will be a community mall with a Thai touch in the decoration, architecture, products, services, and activities. Inayadullah S, Managing Director of Crown Electro-Mechanical Services, said his firm will be in-charge of the construction of the project. “We are delighted to be part of this iconic project.” When asked about the timeline for the construction of the project, he said, “The project should be done within five months.”
A signing ceremony was held yesterday on the premises of Diyar Al Muharraq, where a contract for building of the mall was signed between Crown Electro-mechanical services and Vega Intertrade and Exhibitions. The bilateral trade between the Kingdom and Thailand has been improving over the years. Thailand’s exports to the Kingdom from January-April 2019 have seen an increase of 9.65 per cent at $42 million. Construction materials and related products are among the top items Thailand exports to Bahrain due to its high quality, excellent design and reasonable price, according to Thai Ministry of Commerce.
As part of efforts to boost trade ties between the two countries, a Thai trade delegation visited the Kingdom last month. Bahraini importers, buyers and developers had a rare opportunity to interact with the delegation members during a special session that was held at the Bahrain Chamber of Commerce and Industry.