Bangladesh, Nov. 15 -- Mohamed Alabbar, the founder of UAE-based Emaar Properties and Eagle Hills, has revealed plans for a mixed-use development in Bangkok worth around USD 5 billion, including a landmark tower that could become the world's tallest building.

Alabbar, who developed the Burj Khalifa and The Dubai Mall, discussed the plan during a recent visit to Thailand. The investment is estimated at THB 160 billion to THB 170 billion, equivalent to around USD 5 billion.

In a recent media interview, the Emirati business tycoon said his company had studied investment opportunities in Bangkok for four years and spent about 18 months negotiating the current deal. He hopes to finalize an agreement within the next one to two weeks.

Eagle ...