Thailand unveils landmark entertainment complex to boost economy, tourism
BANGKOK: Thailand has unveiled plans for a landmark "Thailand Entertainment Complex" project, aimed at boosting economic growth, attracting international tourists and strengthening its global competitiveness.
Deputy Finance Minister Julapun Amornvivat said the project was part of efforts to position Thailand as a premier destination for world-class attractions.
"The complex is envisioned as a new economic engine, fostering tourism revenue and creating innovative industries to ensure sustainable economic growth," he said in a statement on Thursday.
The entertainment complex is anticipated to generate between 12 billion and 40 billion baht in annual tax revenue while creating thousands of jobs, he said.
Julapun said the government has submitted a draft bill to the House of Representatives to establish a regulatory framework for the complex.
Meanwhile, Deputy Secretary-General to the Prime Minister, Suksit Srichomkwan, said the complex will include a casino, which will operate under strict legal conditions and anti-money laundering measures.
It will also feature concert halls, large convention and exhibition centres, amusement parks, museums, Michelin-starred restaurants, and green spaces for outdoor activities.
The project will be financed by private investment, sparing public funds, he said.
— BERNAMA
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