Africa-Israel Investments have signed an MOU with a local partner to purchase a 47-storey Bangkok residential high-rise for 1.7 billion baht.  Construction of the building began ten years ago, but was halted during Thailand’s economic crisis. Africa-Israel plans to complete the building and sell the apartments, which will cover an aggregate space of 67,500 square meters on 44 floors, as well as 4,000 square meters of commercial space on three floors.