AWC to transform ‘Pantip Pratunam’ into ‘AEC Trade Center – Pantip wholesale destination’ the region’s largest one-stop wholesale hub in the heart of Bangkok

23 November 2020


  • Thai Entrepreneurs Offered Free Space for 6 Months
  • Set to mark a new era of wholesale industry on 30 Nov 2020

Bangkok, 23 November 2020 – Asset Word Corporation (AWC), Thailand’s leading integrated lifestyle real estate group, announced a strategic intent to penetrate the wholesale market by transforming the Pratunam area and creating new business opportunities for wholesalers.

Pantip Pratunam, Thailand’s first and largest IT mall, will be revamped as the AEC Trade Center – Pantip Wholesale Destination, the region’s largest one-stop wholesale hub in central Bangkok

The new center will offer a wide variety of high-quality products at wholesale prices to meet all consumers’ and online sellers’ needs in one place. AWC is partnered with “Yiwu – CCC Group”, a giant alliance from China, to open an export and import support center to further borderless global business for sellers. Opportunities are now available for wholesalers to secure space at the new center with no charge for six months to help wholesalers and stimulate the economy during the COVID-19 pandemic.

Wallapa Trisorat, CEO and President, Asset World Corp Public Company Limited, said that the AEC TRADE CENTER originated from our idea in developing the region’s largest one-stop wholesale center with a connection to China in driving Thailand to become the one-stop international trading center of ASEAN. The AEC Trade Center – Pantip Wholesale Destination has been established as a flagship project to drive the economy and revive trade from the impact of COVID-19. With 30,000 sq.m. of space, the center enables wholesalers to showcase their products through a physical store, order a bulk purchase for their retail businesses, and extend their business opportunities. The AEC Trade Center – Pantip Wholesale Destination will officially open on 30 November 2020 with a determination to be the ‘Regional Sourcing Hub’ equipped with the full spectrum of wholesale-related service providers.

We are confident that this wholesale center will meet all buyers and sellers’ needs in one place. Under the concept of ‘Most convenient’ with the location in the heart of the city; ‘Most entirety’ with more than 400 shops from wholesale entrepreneurs which offer more than 30,000 products and all wholesale-related services; and ‘Best price’ with wholesale prices from quality entrepreneurs, the AEC Trade Center – Pantip Wholesale Destination creates an opportunity for buyers to meet sellers to extended business possibilities with all year round business operation. Furthermore, AWC has joined forces with alliances, both domestic and international, to reinforce the entrepreneurs in the wholesale business, including manufacturers, exporters and importers in pursuit of business expansion opportunities, with new distribution channels and access to new customers both in Thailand and abroad.

For entrepreneurs: exporters, manufacturers and importers who would like to showcase their products with the wholesale center, we are offering 6 months of free space for Thai entrepreneurs to support their businesses during these difficult economic times as a result of the COVID-19 pandemic.

“This wholesale center not only offers various products at wholesale prices, but it’s also a ‘business supporter’ for all sizes of tenants with the aim to support, connect the businesses, and reinforce their business potential to grow in international markets, especially in the CLMVT area and China, in order to position Thailand as the regional wholesale hub,” Wallapa added.

Anan Lapsuksatit, AWC’s Chief Wholesale Business Officer, said that “To support Thai entrepreneurs accessing domestic wholesale channels and creating extensive opportunities for business partners to source products in one area, the AEC Trade Center – Pantip Wholesale Destination has signed MOUs with the Board of Trade of Thailand (BTT), together with 11 trade associations and the Federation of Thai Industries (FTI) which allows entrepreneurs in wholesale businesses, including manufacturers, exporters and importers, to extend their business opportunities, with new distribution channels and access new customers both in Thailand and abroad. By 2021, there will also be a ‘Phenixbox’ website and application-based online distribution channel which includes comprehensive online business features such as e-quotation, real-time messaging, online financial transactions, shipping and logistics, intelligent product search functions and managing group trading. Additionally, Phenixbox will grant entrepreneurs an Online-to-Office (O2O) business model that initiates a 24/7 connection globally.

Besides the trade exhibition area, the center will also have a Solution Service Center (SSC) that provides support to SMEs who would like to sell their products online. The services includes a shooting studio with modern equipment to offer live streaming for entrepreneurs, small meeting/conference rooms for business discussions, the AEC trade hall for product launches, and a business consulting service center for business matching between buyers, sellers, exporters and importers, both domestic and international, 365 days a year”.

To celebrate the opening of the AEC Trade Center – Pantip Wholesale Destination , the center has organized activities under the theme of “BIG Festivals” for the festive season. During the festival, you can explore wholesale gifts, stationery, home decoration products and kitchen implements delivered directly from quality manufacturers across Thailand and internationally in one place from 30 November 2020 to 3 January 2021. Buyers, retail, corporate customers, and online vendors will be able to choose products from manufacturers and exporters at wholesale prices.

Wallapa added that, “In our attempt to mark Thailand as the regional wholesale hub, we have also joined forces with a giant alliance like Zhejiang China Commodities City Group Co., Ltd. (CCC Group), a state-owned enterprise that develops and manages the world’s largest wholesale market for miscellaneous goods from Yiwu, China, to establish an exhibition center showcasing selected high-quality products known as “Yiwu Selection Thailand Showcase”, where international buyers can source and shop products here in Thailand, and “IC Mall”, an export service center to China, to help connect Thai exporters who wish to export their products to China. At present, IC Mall has 300 physical stores across China and expects to increase to 10,000 stores within three years. This is a great opportunity for Thai entrepreneurs to distribute their products in the Chinese market.

The opening of AEC Trade Center – Pantip Wholesale Destination will add more distribution channels which will lead entrepreneurs to success and open a door to the global market with the supportive collaboration from CCC Group. AWC will connect buyers and sellers to maximize business possibilities and revitalize the Thai economy to build a better future together.

Traders and wholesalers who are interested to become our tenant at AEC Trade Center – Pantip Wholesale Destination, please contact the project team at Tel. 02-254-9797 or 081-805-7247