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Siam Piwat to Invest US$300 Million (THB10 Billion) in ICONPHUKET, The Icon of Southern Wonders, Opening in 2029

Summary by The InfoStride
ICONPHUKET will create a first-of-its-kind Hybrid Retail-Attraction & Entertainment Destination, featuring 12 extraordinary world-class attractions designed to captivate global audiences and redefine lifestyle, entertainment, and meaningful travel experiences. ICONPHUKET will unite the potential, identity, wisdom, arts and cultural heritage of Southern Thailand’s 14 provinces through world-class experiences, bringing Southern Thailand’s extraord…
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Siam Piwat announced a 10 billion baht investment to develop "ICONSIAM Phuket" into a new global destination in southern Thailand. Scheduled to open in 2029, the project will integrate 14 provinces to create an economic cluster connecting SMEs and local entrepreneurs to the global market. It is expected to attract 80,000-100,000 visitors per day and create 50,000-80,000 jobs. The post “Siam Piwat” Invests 10 Billion Baht to Develop “ICONSIAM Phu…

Ms. Chadatip Chutrakul, Chief Executive Officer of Siam Piwat Company Limited, revealed that:

·Thailand
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Siam Piwat announced a 10 billion baht investment to create a new landmark, "ICON Phuket," as a pilot project for the 50 billion baht smart city initiative "Synthesis Ark Phuket" by the CV Group. The project will feature a retail-entertainment model, leveraging the unique identities of 14 southern provinces to drive economic growth… (Read original news: Siam Piwat develops "ICON Phuket," a 10 billion baht smart city jigsaw puzzle, opening in 202…

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The Nation Thailand broke the news in Bangkok, Thailand on Monday, October 5, 2026.
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