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Bangkok Port among potential locations for Thailand’s IR plans

Thailand’s Transport Ministry has added Bangkok Port to its list of potential locations for an entertainment complex.

Bangkok Port, also known as the Khlong Toei Terminal, is situated on the Chao Phraya River in Bangkok. This port serves as a significant seaport and is managed by the Port Authority of Thailand. It has a medium size and features a large harbor capable of accommodating vessels over 500 feet in length, making it an essential hub for maritime activities in the region.

Last Friday, Transport Minister Suriya Jungrungreangkit revealed that his deputy, Manaporn Charoensri, had instructed the formation of a committee to assess the feasibility of developing entertainment complexes at various sites, including ports. Multiple locations are currently under evaluation.

In discussing the potential of Bangkok Port, Minister Suriya emphasized the site’s considerable promise. The large plot of land, with scenic river views, could also be transformed into a yacht marina, making it an ideal candidate for development.

As Deputy Prime Minister, Suriya also pointed out that Bangkok itself is an excellent location for such a project. When asked about Laem Chabang or Pattaya as potential sites for an entertainment complex in the eastern region, which might include a casino, Suriya clarified that the decision rests with a national committee. The Transport Ministry, he said, does not have the authority to select the location.

Promising Pattaya

Meanwhile, Pattaya Mail reports that Pattaya’s Mayor Poramet Ngampichet has strongly supported the government’s initiative to establish “Entertainment Complexes” in key tourist cities, including Bangkok, Chiang Mai, Phuket, and Pattaya, with the goal of boosting the economy and tourism. This proposal aligns with Pattaya’s existing policies under the “We Love Pattaya” group, which campaigned for such developments during the election.

Pattaya, Thailand

Pattaya’s strategic objectives include creating a comprehensive entertainment complex that goes beyond a casino to feature theaters, water parks, amusement parks, shopping malls, and other attractions aimed at diverse tourist groups. Mayor Poramet emphasized the importance of diversifying Pattaya’s offerings to attract a broader range of visitors, including families and those attending conferences and exhibitions. The complex would contribute to the city’s overall appeal and economic growth.

However, the mayor stressed the need for clear regulations to ensure the complex does not encourage harmful gambling practices. While awaiting more detailed government policies, Mayor Poramet reaffirmed his full support for the development of a multifaceted entertainment complex to enhance Pattaya’s reputation as a premier tourist destination.

The race is on

Earlier this month, reports indicated that six to seven major international investors have already expressed interest in developing full-service entertainment complexes in Thailand.

The Thai government has mentioned several prominent names, including Las Vegas Sands, Wynn Resorts, Caesars Entertainment, MGM China, Hard Rock Group, and Melco Resorts & Entertainment.

Meanwhile, Macau gaming operator Galaxy Entertainment has told investment bank Goldman Sachs that it is set to enter the bidding process for an integrated resort (IR) license in Thailand, with plans to initiate a Request for Proposal (RFP) as early as mid-2025. Galaxy Entertainment has also expressed strong interest in participating in the competitive IR license bidding process, focusing exclusively on the Bangkok site.

Viviana Chan
Viviana Chanhttps://agbrief.com/
Viviana Chan is an editor, interpreter, and journalist. With over a decade of experience, she writes in English, Chinese, and Portuguese. Viviana started her career in Macau-based newspapers, where she became passionate about the region's social, financial, and cultural development. Her writing focuses on the economy, emerging industries, gaming development, political affairs, and cross cultural-exchange in the business and cultural domains. She is avid for news and eager to discover and cover stories that generate public relevance.

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