Popular Post webfact Posted September 18, 2022 Popular Post Share Posted September 18, 2022 The Thai government’s ambitious plan, announced about seven years ago, to transform some north-eastern provinces bordering the Lao PDR, into economic development zones has not been realised. So far, not a single investor has shown keen interest in the projects in Nong Khai, Mukdahan, Nakhon Phanom or Bueng Kan provinces. For the project in Nong Khai, for example, the Treasury Department has substantially cut the original rental fee for land, from 24,000 baht per 0.16 hectares to 2,100 baht, andstill no potential investors have shown interest. Full story: https://www.thaipbsworld.com/investors-shun-thai-government-plan-for-development-zones-in-north-eastern-provinces/ -- © Copyright Thai PBS 2022-09-19 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Monthly car subscription with first-class insurance, 24x7 assistance and more in one price - click here to find out more! 6 Link to comment Share on other sites More sharing options...
Popular Post RichardColeman Posted September 18, 2022 Popular Post Share Posted September 18, 2022 But, But, investment in Thailand in booming...............apparently 4 Link to comment Share on other sites More sharing options...
Popular Post steven100 Posted September 18, 2022 Popular Post Share Posted September 18, 2022 my guess is they all caught on how honest Thai people are.... NOT !! 3 4 Link to comment Share on other sites More sharing options...
Popular Post StayinThailand2much Posted September 18, 2022 Popular Post Share Posted September 18, 2022 3 hours ago, webfact said: For the project in Nong Khai, for example, the Treasury Department has substantially cut the original rental fee for land, from 24,000 baht per 0.16 hectares (...) This is unacceptable. They should return to the good ol' Thai ways, and double the rental fee to make good for the loss in income... 1 6 Link to comment Share on other sites More sharing options...
StayinThailand2much Posted September 18, 2022 Share Posted September 18, 2022 (edited) 55 minutes ago, RichardColeman said: But, But, investment in Thailand in booming...............apparently I heard there are a couple of crises in China now, so not much dosh to expect from there anytime soon... Edited September 18, 2022 by StayinThailand2much 2 Link to comment Share on other sites More sharing options...
kingstonkid Posted September 19, 2022 Share Posted September 19, 2022 Before you move a business there; there has to be business to do. There is not enough business. 1 Link to comment Share on other sites More sharing options...
Gottfrid Posted September 19, 2022 Share Posted September 19, 2022 Yeah, it would be terrible to make investments for development outside Bangkok. Then the money can start spread over Thailand. We don´t want that. 2 Link to comment Share on other sites More sharing options...
hotchilli Posted September 19, 2022 Share Posted September 19, 2022 4 hours ago, steven100 said: my guess is they all caught on how honest Thai people are.... NOT !! My guess who's going to invest in a country with an unstable political system. 2 Link to comment Share on other sites More sharing options...
klauskunkel Posted September 19, 2022 Share Posted September 19, 2022 the reason for the shunning is in the headline: it's a Thai Government Plan... 1 Link to comment Share on other sites More sharing options...
Burma Bill Posted September 19, 2022 Share Posted September 19, 2022 8 hours ago, webfact said: For the project in Nong Khai, for example, the Treasury Department has substantially cut the original rental fee for land, from 24,000 baht per 0.16 hectares to 2,100 baht, and still no potential investors have shown interest. Build a casino???? Link to comment Share on other sites More sharing options...
engamann Posted September 19, 2022 Share Posted September 19, 2022 Who would be so stupid that them invest anything under this junta regime run buy Cha Cha. 1 Link to comment Share on other sites More sharing options...
John Drake Posted September 19, 2022 Share Posted September 19, 2022 There is a lot of investment up there, including Thai investment. The only problem is it's across the river in Vientiane. Link to comment Share on other sites More sharing options...
fdimike Posted September 19, 2022 Share Posted September 19, 2022 I think it's the same as it has been for decades. The big money goons in Bkk need cheap labor from the NE. Where do you think the majority of the "entertainers" come from who operate in the bars and massage parlors of BKK, Pattaya etc etc etc? Link to comment Share on other sites More sharing options...
mickj88 Posted September 19, 2022 Share Posted September 19, 2022 The reasoning behind making the NE a business hub was because the Chinese high speed railway is coming through Laos and over to Nong Khai. The original thinking was move business up there ready for its arrival meaning it woud be usable straight away wthout having to wait years for the line to be built down to Bangkok and on to Samatprakan . I remember reading about it and even know a couple of guys who work for UK companies that have manufacturers in Samatprakan saying at the time that they may be moving their manufactring bases up to Issaan ( as they know my wife is from there). Looks like the Chinese will be tightening their belts and this may put the high speed rail on the back burner - hense business not wanting to move and therefore investment being withdrawn. Actually makes sense for a change . Link to comment Share on other sites More sharing options...
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