Bangkok, Thailand, July 26, 2022 / TRAVELINDEX / ICONSIAM, a world-class landmark on the majestic Chao Phraya River – a joint venture of three leading retail and property developers Siam Piwat, Magnolia, and CP – presents ICS, a mixed-use lifestyle city designed to further enhance the growth potential of the Thonburi district. ICS blends urban living and community, reflecting modern lifestyles by offering a comprehensive range of retail, office, and hotel facilities.

Mr. Supoj Chaiwatsirikul, Managing Director of ICS Company Limited, said that ICS would serve the residents of both Bangkok and Thonburi, as it has multimodal transport links including road, Skytrain and boat, as well as a direct connection to ICONSIAM, which will generate busy daily traffic.

Key anchor tenants include Lotus's – a supermarket with a new concept for a modern lifestyle, a lifestyle health and wellness center of one of Thailand's leading hospitals, and the first Hilton Garden Inn in Bangkok: Hilton Garden Inn Bangkok ICS Charoen Nakorn, with 241 rooms and state-of-the-art facilities to meet the needs of international tourists and business travelers.

In addition, ICS offers a vibrant new lifestyle shopping center designed to bring joy to customers every day under the motto "Always a good day." ICS showcases over 200 brands in the areas of home & living, IT, financial services, fashion, beauty & cosmetics, and other everyday essentials. On the culinary front, ICS offers a comprehensive selection of over 80 leading restaurants, including many new international concepts opening their first branches in Thailand. ICS' office space has already attracted leading education and IT companies, generating significant foot traffic throughout the week.

Mr. Supoj added: “Since the beginning of 2022, the number of business and leisure travelers in Bangkok has steadily increased, and we are seeing growing demand for hotels and conference facilities, particularly for MICE events. As a ‘mixed-use lifestyle city,’ ICS will meet these needs and be another key attraction, helping to develop ICONSIAM into a comprehensive and integrated services provider for all customer segments.”

ICS is a key pillar of Thonburi's development plan, driving urban expansion on this side of the Chao Phraya River, particularly in the desirable Khlong San district and along Charoen Nakhon Road. Over the next few years, more than 50 high-rise residential complexes with over 25,000 units will be completed there. This increased housing supply will allow a large number of new residents to settle along Charoen Nakhon Road.

Furthermore, the Thai government plans to relocate the Ministry of the Interior from Klong Lod in Phra Nakhon to a new location near the Sawetchat Worawihan Temple on Charoen Nakhon Road. Taksin Hospital, a major hospital in Thonburi, also plans to expand its capacity by constructing a new 600-bed facility. In total, these developments will create over 300,000 jobs in this important region of Thonburi.

Currently, construction work on the ICS is 90 percent complete and the opening is planned for the fourth quarter of 2022.