AWC joins hands with the Federation of Thai Industries to strengthen Thai industry through AEC TRADE CENTER – PANTIP WHOLESALE DESTINATION project

16 November 2020


Supporting industrial operators with a free trade space for 6 months, connecting business platform from online to physical store while enhancing opportunity to reach new target customers, locally and abroad

Bangkok – 16 November 2020 – Asset World Corporation (AWC), Thailand’s leading integrated lifestyle real estate group, signed a memorandum of understanding with the Federation of Thai Industries (FTI) to support Thai industrial operators by providing trade space at “AEC TRADE CENTER – PANTIP WHOLESALE DESTINATION”, the largest city-center wholesale center in Southeast Asia. The partnership helps promote and improve Thai industry capability by connecting FTI e-Business platform and the online store to the physical store on the area of the AEC TRADE CENTER, driving a continuous development mechanism of the country’s industrial sector while enhancing Thai industry’s strength and capability to compete in the international market.

Supant Mongkolsuthree, President of the Federation of Thai Industries (FTI) revealed that “As the representative of Thai industrial sector with a primary role of coordination between the private and government sectors, in both domestic and international levels, in promoting the development of the industry and the overall economy of Thailand, we play a pivotal role in connecting 45 industrial groups such as the such industries as food, cosmetics, food supplement, air conditioner and refrigeration, furniture, garment, and steel, as well as 11 industrial clusters, 74 provincial industry councils and nine organizations under our supervision. Partnership with AWC will provide us with trade space in the AEC TRADE CENTER – PANTIP WHOLESALE DESTINATION, the new wholesale center in the heart of Bangkok for free for 6 months, which helps stimulate the economy and facilitate the showcase of products of industrial group members of FTI. This brings great benefit to Thai industrial operators by connecting their business from the existing FTI online platform to physical stores, enabling buyers and target customers to see and feel the real products directly from manufacturers. The initiative also helps stimulate the Thai economy and expand opportunities for Thai industry to reach new customers within the country as well as the global market.”

Wallapa Trisorat, CEO and President, Asset World Corp Public Company Limited or AWC, said that “With our determination to help strengthen the Thai economy to regain strength, in line with our mission of “Building a Better Future”, we are greatly delighted to partner with the Federation of Thai Industries to support Thai industrial operators by offering trade space at AEC TRADE CENTER – PANTIP WHOLESALE DESTINATION free of charge for a period of 6 months. With the readiness of the project as the largest city-center wholesale center in Southeast Asia, its sizable commercial space and strategic location at close convenience to major business districts of Bangkok, AEC TRADE CENTER is well-positioned to support business and industrial operators in exploring new opportunities for business expansion with new sales channel and reach new customers both in Thailand and abroad for limitless growth in cross-border trade.”

Under this partnership, FTI will enhance the industrial sector by promoting AEC TRADE CENTER – PANTIP WHOLESALE DESTINATION, as well as its relevant activities through various FTI communication channels such as FTI Thailand Channel, FTI Academy, and FTI Super App, in order to attract industrial operators to participate in trade shows at AEC TRADE CENTER. Other supports include facilitating business matching activities to encourage high-potential Thai industrial operators to expand to international markets, as well as access to the database of Thai industrial operators through the FTI e-Business platform to connect Thai businesses to the global market.

AEC TRADE CENTER – PANTIP WHOLESALE DESTINATION is the flagship project of AEC TRADE CENTER, the concept initiated by AWC with the ambition to develop the largest fully-integrated wholesale center in the CLMVT region (Cambodia, Laos, Myanmar, Vietnam, Thailand) with linkage to China, in attempt to drive Thailand to become an international trade hub of ASEAN. Located at Pantip Pratunam Shopping Center, the project is Thailand’s first one-stop wholesale center in the heart of Bangkok, with a total area of over 30,000 square meters, comprising of a trade exhibition area, Solution Service Center (SSC) with a shooting studio to offer live streaming service to traders, small meeting and conference rooms and a business consulting service center, import-export center, as well as “Yiwu Selection Thailand Showcase”, an exhibition center showcasing selected high-quality products, established through a partnership with 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, all of which connect buyers, manufacturers, exporters and importers from domestic and international markets around the world all year round. AEC TRADE CENTER – PANTIP WHOLESALE DESTINATION is set to open in November 2020.

Traders and business and industrial operators who are interested to be a tenant at AEC TRADE CENTER – PANTIP WHOLESALE DESTINATION can contact the project at Tel. 02-254-9797 or 081-805-7247, or contact the project coordinator of the FTI.