webfact Posted February 16, 2021 Share Posted February 16, 2021 Pattaya: Chinese to the rescue - pumping billions of baht into Jomtien Picture: Komchadluek The Chinese are coming to the aid of Pattaya. The resort - going through desperate times due to the pandemic - is set to get a massive cash injection from Chinese investors. Yesterday at the Banyan Tree Hotel in Bangkok there was a signing ceremony between Luniq Real Estate headed by s Lu Meng and Banyan Tree Group's Ho Kwon Ping. Picture: Komchadluek It was presided over by a beaming Phinit Jarusombat of the Thai Chinese cultural association. It involves a 4.5 BILLION baht investment in the Skypark Lucean Jomtien project. Source: Komchadluek 3 5 Link to comment Share on other sites More sharing options...
Popular Post Patong2021 Posted February 16, 2021 Popular Post Share Posted February 16, 2021 The Chinese military industrial conglomerate does not just hand out money. They expect a transfer of control of assets and absolute obedience. 36 2 8 Link to comment Share on other sites More sharing options...
Popular Post Surelynot Posted February 16, 2021 Popular Post Share Posted February 16, 2021 Chinese to the rescue?....Give me strength....... 29 1 Link to comment Share on other sites More sharing options...
Popular Post misterjames Posted February 16, 2021 Popular Post Share Posted February 16, 2021 And so it begins... 28 2 Link to comment Share on other sites More sharing options...
Popular Post Surelynot Posted February 16, 2021 Popular Post Share Posted February 16, 2021 Just now, misterjames said: And so it begins... They must be salivating at the current market's demise.......just waiting to swoop in....Thailand a province of China....mind you it might mean some water is allowed to flow this way from the Mekong eventually? 8 1 11 Link to comment Share on other sites More sharing options...
Oldie Posted February 16, 2021 Share Posted February 16, 2021 The more competition the better. About the project: "... a 60-storey and 31-storey residential condominium with complete facilities, totaling 899 units, totaling over 4,500 million baht, fully equipped with standards and brand management SKYPARK (Sky Park), a world-class Banyan Tree Chain hotel. " https://www.world-today-news.com/trust-the-era-of-growth-thai-chinese-businessman-join-hands-to-invest-in-real-estate-projects-in-pattaya-worth-4500-million/ 1 1 Link to comment Share on other sites More sharing options...
Popular Post spiekerjozef Posted February 16, 2021 Popular Post Share Posted February 16, 2021 If you pump in billions face masks and social distancing are not important anymore. 13 2 20 Link to comment Share on other sites More sharing options...
Popular Post Oztruckie Posted February 16, 2021 Popular Post Share Posted February 16, 2021 Can i see Pattaya and Jomtien heading the same direction as Sikhanoville once these cockroaches get their hands on something like this,my guess is a definite yes. 29 1 5 1 Link to comment Share on other sites More sharing options...
Popular Post misterjames Posted February 16, 2021 Popular Post Share Posted February 16, 2021 9 minutes ago, Surelynot said: They must be salivating at the current market's demise.......just waiting to swoop in....Thailand a province of China....mind you it might mean some water is allowed to flow this way from the Mekong eventually? They have been slowly taking over for a while they control Cambodia already gave the nod in Myanmar it's all part of part of the plan it's been on the cards for a while. 17 1 2 Link to comment Share on other sites More sharing options...
Popular Post ivor bigun Posted February 16, 2021 Popular Post Share Posted February 16, 2021 investing? no ,taking over, yes. 22 1 1 Link to comment Share on other sites More sharing options...
morrobay Posted February 16, 2021 Share Posted February 16, 2021 1 hour ago, Oldie said: The more competition the better. About the project: "... a 60-storey and 31-storey residential condominium with complete facilities, totaling 899 units, totaling over 4,500 million baht, fully equipped with standards and brand management SKYPARK (Sky Park), a world-class Banyan Tree Chain hotel. " https://www.world-today-news.com/trust-the-era-of-growth-thai-chinese-businessman-join-hands-to-invest-in-real-estate-projects-in-pattaya-worth-4500-million/ Location ? Link to comment Share on other sites More sharing options...
Popular Post Nong Khai Man Posted February 16, 2021 Popular Post Share Posted February 16, 2021 1 hour ago, Surelynot said: Chinese to the rescue?....Give me strength....... Well Yer can Be SURE They Ain't doing it for NOTHING !! 5 Link to comment Share on other sites More sharing options...
Popular Post Nong Khai Man Posted February 16, 2021 Popular Post Share Posted February 16, 2021 1 hour ago, spiekerjozef said: If you pump in billions face masks and social distancing are not important anymore. But it's O.K There Ain't Any Covid in China !! 3 7 Link to comment Share on other sites More sharing options...
Popular Post kotsak Posted February 16, 2021 Popular Post Share Posted February 16, 2021 Shylock of the East.. Coming to aid.. yeah right, and I am Madingo. 2 2 Link to comment Share on other sites More sharing options...
Popular Post harada Posted February 16, 2021 Popular Post Share Posted February 16, 2021 My heart goes out to the future generations of Thais, being sold out by this lot of *#*#*, better get those Mandarin lessons going. 14 1 Link to comment Share on other sites More sharing options...
Popular Post Dagfinnur Traustason Posted February 16, 2021 Popular Post Share Posted February 16, 2021 Yes, they just do it out of love from a pure heart, and have no economical interests whatsoever. 3 Link to comment Share on other sites More sharing options...
Oldie Posted February 16, 2021 Share Posted February 16, 2021 13 minutes ago, harada said: My heart goes out to the future generations of Thais, being sold out by this lot of *#*#*, better get those Mandarin lessons going. Who is really to blame? Just now Tesco Lotus disappeared like before Carrefour. If Western countries don't want to invest here it is their decision. I miss Amazon, or something like Aldi, or... 2 Link to comment Share on other sites More sharing options...
Jeffr2 Posted February 16, 2021 Share Posted February 16, 2021 16 minutes ago, Dagfinnur Traustason said: Yes, they just do it out of love from a pure heart, and have no economical interests whatsoever. What investor does something like this out of love. Right.... 1 Link to comment Share on other sites More sharing options...
Popular Post smedly Posted February 16, 2021 Popular Post Share Posted February 16, 2021 3 hours ago, webfact said: It involves a 4.5 BILLION baht investment in the Skypark Lucean Jomtien project. wow not even a mention of casino .............. yet 1 1 2 Link to comment Share on other sites More sharing options...
Popular Post jacko45k Posted February 16, 2021 Popular Post Share Posted February 16, 2021 3 hours ago, Patong2021 said: The Chinese military industrial conglomerate does not just hand out money. They expect a transfer of control of assets and absolute obedience. Absolutely... it does not come free, nor cheap. 4 Link to comment Share on other sites More sharing options...
Popular Post Jeffr2 Posted February 16, 2021 Popular Post Share Posted February 16, 2021 Seems to be the old Ocean One project. https://www.lucean-pattaya.com/ 1 2 Link to comment Share on other sites More sharing options...
RJRS1301 Posted February 16, 2021 Share Posted February 16, 2021 You find this surprising? How much infrastructure have the build and paid for under Belt and Road, call this a deffered interst payment. ???? Shame it involves the Banyan Tree, nice proerties and good accommodation, good staff, good service 1 Link to comment Share on other sites More sharing options...
RJRS1301 Posted February 16, 2021 Share Posted February 16, 2021 2 minutes ago, Jeffr2 said: Seems to be the old Ocean One project. https://www.lucean-pattaya.com/ What type of shadow on beach and view blocking from ocean onto the sacred mountains? Link to comment Share on other sites More sharing options...
Jeffr2 Posted February 16, 2021 Share Posted February 16, 2021 3 hours ago, Patong2021 said: The Chinese military industrial conglomerate does not just hand out money. They expect a transfer of control of assets and absolute obedience. Where does it say this is a government company? Doesn't seem to be a loan. 1 Link to comment Share on other sites More sharing options...
PatOngo Posted February 16, 2021 Share Posted February 16, 2021 2 hours ago, ivor bigun said: investing? no ,taking over, yes. Insurgents! Link to comment Share on other sites More sharing options...
rcuthbert Posted February 16, 2021 Share Posted February 16, 2021 Did anyone else have naughty thoughts about the babe in the white pant suit? 1 Link to comment Share on other sites More sharing options...
grego49 Posted February 16, 2021 Share Posted February 16, 2021 3 hours ago, Oztruckie said: Can i see Pattaya and Jomtien heading the same direction as Sikhanoville once these cockroaches get their hands on something like this,my guess is a definite yes. Copy,, 1 Link to comment Share on other sites More sharing options...
Popular Post Destiny1990 Posted February 16, 2021 Popular Post Share Posted February 16, 2021 Chinese “investors” have a tendency of building overpriced condos in a country not theirs. That’s not exactly what i call helping ! Look how once charming Sihanoukville is nowadays destroyed with empty and overpriced condominiums. 3 1 Link to comment Share on other sites More sharing options...
Popular Post gunderhill Posted February 16, 2021 Popular Post Share Posted February 16, 2021 18 minutes ago, rcuthbert said: Did anyone else have naughty thoughts about the babe in the white pant suit? My God , you had the same dream as me, a bucket of lard three fish fingers and a penguin, uncanny. 4 Link to comment Share on other sites More sharing options...
Jeffr2 Posted February 16, 2021 Share Posted February 16, 2021 7 minutes ago, Destiny1990 said: Chinese “investors” have a tendency of building overpriced condos in a country not theirs. That’s not exactly what i call helping ! Look how once charming Sihanoukville is nowadays destroyed with empty and overpriced condominiums. Blame the Cambodia government for that. It's not happening like that here in Thailand. Snooky is a mess now. 2 1 Link to comment Share on other sites More sharing options...
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