Phuket Sandbox Generates 43 Billion Baht of Cash Flow

[snoop1130]

 

BANGKOK (NNT) - Thailand’s Prime Minister has expressed satisfaction with the government’s Phuket Sandbox initiative, after hearing that it already generated about 43 billion baht of cash flow.

 

According to Government Spokesperson Thanakorn Wangboonkongchana, Prime Minister General Prayut Chan-o-cha is satisfied with the program’s ability to attract more visitors to Thailand. The premier said it is a good sign that the Kingdom’s tourism sector is gradually recovering from the COVID-19 pandemic.

 

Citing information from the program, Thanakorn said since its debut on July 1st of 2021, Thailand has already welcomed nearly 333,800 visitors. It has generated more than 18 billion baht of revenue for the island province of Phuket and 43 billion baht of cash flow for the Thai economy.

 

Nonetheless, the Prime Minister is asking officials to perform their duties to the best of their ability, while urging all Thais to continue being good hosts to these visitors.

 

The Thai government has prepared measures to handle any situation in the event of another COVID-19 outbreak, said Thanakorn.

 

-- © Copyright NNT 2022-02-24

 

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[Tropicalevo]

5 hours ago, snoop1130 said:

urging all Thais to continue being good hosts to these visitors.

Like arresting tourists that were naive enough to rent electric scooters from Thais?

[hotchilli]

13 hours ago, snoop1130 said:

Citing information from the program, Thanakorn said since its debut on July 1st of 2021, Thailand has already welcomed nearly 333,800 visitors. It has generated more than 18 billion baht of revenue for the island province of Phuket and 43 billion baht of cash flow for the Thai economy.

333,800 in eight months.. wow.

[RichardColeman]

Yes, well this is all well and good, but it is a false economy based on people having very little other choice if they wanted to enter Thailand since July 2021. Maybe they should be saying how much they would have had in income if tourists could have been allowed to arrive and quarantine in other parts of thailand

[IamNoone88]

Cashflow - a nice multiple that creates a distraction from an otherwise very average actual revenue.

[pagallim]

Looks like more restrictions are being introduced into Phuket from today.   Not surprising, with new cases exceeding 1000 each day albeit the majoritiy with mild symptoms.

[connda]

Phuket Sandbox Generates 43 Billion Baht of Cash Flow

I wonder how much of that was made within the private hospital sector by way of forced incarceration of foreigners?  ????