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SET plans Bt2 bn new building
The Nation Published on June 16, 2010
The Stock Exchange of Thailand is investing about Bt2 billion into its new building on Ratchadaphisek Road with the aim of turning it into an international financial centre.
SET chairman Sompol Kiatphaibool said the exchange is at the stage of finding an architect as the building should share some features of another complex to be developed by American International Assurance (AIA) on a nearby plot.
"The exchange expects to spend about Bt1.94 billion on the construction of the building on the 5.24rai plot. The budget excludes interior design," he said. "We should have the architect soon so that construction can begin late this year or early 2011 and be completed in the next three years," he added.
The initial idea is to have a 20storeyed building, with a foundation that should support up to 26 floors.
The exchange owns a total of 14.9 rai on Ratchadaphisek Road, opposite Fortune Town. While its building will occupy 5 rai, the rest will be developed by AIA. The entire complex is designed to be an integrated financial centre, in line with the capital market development plan, which will strengthen Thailand's position in the international arena.
"This will be an international financial centre, like what exists overseas," Somkiat said.
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This truck blocks the view inside but the AIA project construction has been going on for a while.
Taken on March 10, 2012
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The two towers are rising nearby Chinese Embassy and Esplanade, filling the Ratchada skyline (see the piling cranes)
Taken on March 11, 2012 , posted by TheWestWing
The Nation Published on June 16, 2010
The Stock Exchange of Thailand is investing about Bt2 billion into its new building on Ratchadaphisek Road with the aim of turning it into an international financial centre.
SET chairman Sompol Kiatphaibool said the exchange is at the stage of finding an architect as the building should share some features of another complex to be developed by American International Assurance (AIA) on a nearby plot.
"The exchange expects to spend about Bt1.94 billion on the construction of the building on the 5.24rai plot. The budget excludes interior design," he said. "We should have the architect soon so that construction can begin late this year or early 2011 and be completed in the next three years," he added.
The initial idea is to have a 20storeyed building, with a foundation that should support up to 26 floors.
The exchange owns a total of 14.9 rai on Ratchadaphisek Road, opposite Fortune Town. While its building will occupy 5 rai, the rest will be developed by AIA. The entire complex is designed to be an integrated financial centre, in line with the capital market development plan, which will strengthen Thailand's position in the international arena.
"This will be an international financial centre, like what exists overseas," Somkiat said.
This truck blocks the view inside but the AIA project construction has been going on for a while.
Taken on March 10, 2012
The two towers are rising nearby Chinese Embassy and Esplanade, filling the Ratchada skyline (see the piling cranes)
Taken on March 11, 2012 , posted by TheWestWing
another web 
