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Last Updated: Sep 14th, 2008 - 02:45:41 |
A Thai-Japanese joint venture yesterday announced a 10-year, us$ 3.3 billion development plan to build a floating Phuket Bay International City.
The spaceship-themed Anabasis convention centre, boasting a 90-by-180 metre multimedia screen, will be one of the key elements in the resort complex.
Gambling remains illegal in Thailand although authorities are considering limited legalisation of casinos to help boost the tourism industry.
Umezawa & Thai Partners Architect Co wants to develop an international convention and exhibition centre and ’’Good Luck Island’’, a resort and entertainment complex offering casino games, according to project documents.
This is one of 19 companies that signed partnership agreements with Thai Longstay Management Corporation (TLM), a joint venture between the government and private sector to help support government plans to attract long-stay residents to Thailand.
According to project documents, Phuket Bay International City is expected to be completed by 2015, with 20 million tourists visiting the complex per year.The floating resort city will consist of five projects: the spaceship-shaped Anabasis resort, the lotus-shaped Marina City resort, The Tower resort and office buildings complex, Sports World with international sport facilities and the comet-shaped Good Luck Island.
Among the other 19 companies and agencies signing contracts with the TLM are: Advanced Info Service, RNT Television, Northern Heritage Golf and Spa, KC Property, World Travel Service, Bank of Ayudhya and the Thai Hotels Association.
Pol Col Ruamnakorn, CEO of TLM, said that the firm had a three-year plan to build 100,000 units for long-stay visitors nationwide. Total investment for the programme, including the Phuket Bay International City, would exceed us$ 4.8 billion.
He also added that 12 provinces would be designated as key long-stay destinations in the country, and that private developers could also be brought in to build and operate long-stay facilities on land plots leased by TLM.
The company will also prepare service packages designed for retirees in Japan, the United Kingdom, the United States, Canada, Scandinavian countries, Germany, Italy, France and China. He added that TLM expected to attract up to 100,000 visitors staying in Thailand for over one month by the end of the year. Tourism authorities project 13.4 million visitors to Thailand this year and 15.1 million
next year.
http://www.casinos.ch/newsflashartikel.cfmart=news&key=7153
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