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Bangkok Post

Business

Ananda preps Phuket mixed-use plot

Ananda Anda Phuket United States SET Thailand

An artist's rendition of COCO PARC, a new condo project on Rama IV Road managed by Dusit. It will be the first prebuilt condo project Ananda Development Plc developed.

SET-listed Ananda Development plans to develop a mix of residential projects comprising a wellness centre, hotels and an international school on a 500-rai inland plot in Phuket, with the first phase beginning next year.

Chief executive Chanond Ruangkritya said the new mixed-use project will have several partners co-investing as there will be many components developed on the plot, which the company acquired from the Ruangkritya family.

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