Phang Nga's 30m-baht James Bond museum left derelict

However, it initially opened for just one day before closing. It reopened for about 10 months after the Covid-19 situation, taking slightly more than 9,000 baht in revenue, before shutting again and remaining closed to this day.

Not the best plan Moneypenny but I'm sure some kerching!

It's time to let go of the old days. The movie is a classic, but too classic for the current generation. Figure out something new how to promote a rock.

At least some people benefited from the construction ... I guess 😉

A classic example of the dangers of investing in a tourist-based economy - times change, tastes change, big investments rot away ...

However, it initially opened for just one day before closing.

See?

Not a White Elephant 🐘

When it first opened, I thought why...and why would tourists come...personally, I think the money was made, but by those in charge, including officials.

Excellent ROI. Who authorised it?

I have lived in this district and agree that it should be removed as it is a total eyesore and an embarrassment to the community. Many people assume corruption or cronyism is behind this fiasco, but in fact it is a textbook example of systemic bureaucratic incompetence and waste. What happened was there was a rush to find something to spend 30 million on before the end of a financial year but nobody made any budget provision for operating it, training staff, maintenance, etc. and the local authority had no expertise in marketing such a facility. These days it is nothing more than a monument to administrative ineptitude.

5 minutes ago, banyanman said:

I have lived in this district and agree that it should be removed as it is a total eyesore and an embarrassment to the community. Many people assume corruption or cronyism is behind this fiasco, but in fact it is a textbook example of systemic bureaucratic incompetence and waste. What happened was there was a rush to find something to spend 30 million on before the end of a financial year but nobody made any budget provision for operating it, training staff, maintenance, etc. and the local authority had no expertise in marketing such a facility. These days it is nothing more than a monument to administrative ineptitude.

This is a classic example of a Thai project...Build it, and then don't spend so much as one baht on maintenance....While making sure the construction money ends up in the right pockets.....

You've got to love that 9000 baht return on the 30 million....Which is a 0.03% return on investment...

No doubt it was a big tourist attraction in its early days making plenty

of money 🤑🥳

But as normal here it's let's make the money now forget the long term gains 😱

Surakul Pier: shaken, stirred… and unmistakably Phuyuck!

4 hours ago, redwood1 said:

This is a classic example of a Thai project...Build it, and then don't spend so much as one baht on maintenance....While making sure the construction money ends up in the right pockets.....

You've got to love that 9000 baht return on the 30 million....Which is a 0.03% return on investment...

And how much return per annum?

That 9k baht was the income generated over a multi year period.

Fortunately, running and maintenance costs were very low. Doesn’t sound like a single baht was spent on it.

On the bright side, some local residents scavenged some parts from air conditioning units, so there was a ripple effect throughout the local economy./s

3 hours ago, shackleton said:

No doubt it was a big tourist attraction in its early days making plenty

of money 🤑🥳

But as normal here it's let's make the money now forget the long term gains 😱

Big attraction in its early days making plenty of money? Where did you read that?

I read this:

“However, it initially opened for just one day before closing. It reopened for about 10 months after the Covid-19 situation, taking slightly more than 9,000 baht in revenue, before shutting again and remaining closed to this day.”