Indian, Chinese Investors Buying Pubs, Restaurants In Pattaya

[webfact]

Pattaya looks beautiful on a sunny day. Photos: Tourism Authority of Thailand

 

by TNR Staff

 

WHILE many foreigners are investing in Chonburi province, Indian and Chinese investors have channelled the most funds in buying up businesses in Pattaya to cater to their countryfolk holidaying at this seaside tourist city, Matichon newspaper quoted business people in this province as saying today (Feb. 27).

 

Indian investors bought up pubs and restaurants on Pattaya’s Walking Street before China lifted travel restrictions on Jan. 8, 2023 but their investment is not fully integrated as is the pattern of Chinese investors.

 

Chinese investors have started buying restaurants, three- to four-star hotels and pool villas in Bang Lamung area, Pattaya city and Jomtien beach. Their investment includes chartering tourists attractions to integrate as a comprehensive tourism venture to cater to Chinese tourists, these business sources said, adding that it is likely the zero-dollar tours will return.

 

Full story: https://thainewsroom.com/2023/02/27/indian-chinese-investors-buying-pubs-restaurants-in-pattaya/

 

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[2baht]

1 hour ago, webfact said:

Chinese investors have started buying restaurants, three- to four-star hotels and pool villas in Bang Lamung area, Pattaya city and Jomtien beach.

Insurgency!

[ozimoron]

An Indian restauranteur toldme that there are 300 Indian restaurants in Pattaya. He said that his cooks come from India and his wait staff are mainly from Burma because they speak Hindi.

[Faltu]

37 minutes ago, ozimoron said:

An Indian restauranteur toldme that there are 300 Indian restaurants in Pattaya. He said that his cooks come from India and his wait staff are mainly from Burma because they speak Hindi.

Most Indian restaurant staff are from Burma. In Bangkok, those tailor shop staff outside the shops harassing passerby to buy suits are also from Burma. Some of them have work visas but many are sort of illegals. For example, a restuarant may have 10 staff but out of that 5 of them have work permits and 5 of them are illegals. They exchange each others work permit.  It is the same in London also where the staff are mostly from India.  

[khaowong1]

I guess buying up a business is different than buying a home.  

[Geoffggi]

Nothing new, the Chinese especially have been doing this for years

[Foxx]

59 minutes ago, Faltu said:

It is the same in London also where the staff are mostly from India.  

Nope.  The vast majority of owners and workers at Indian restaurants in the UK are Bangladeshi, mostly from Sylhet province.

[Andycoops]

I don't think it's likely,

I think it's a nailed on certainty that zero baht tours from China will return.

[jacko45k]

1 hour ago, khaowong1 said:

I guess buying up a business is different than buying a home.  

The Chinese are doing that too.. a large house nearby me just sold. 

[ignore it]

Chinese Triads and rich officials of the (Cannot be named sole Political party in the largest asian Country) just washing the people's money. They are just more organized and integrated than Indian entrepreneurs.  

[Gottfrid]

Just another Sihanoukville

[Mr Meeseeks]

Doesn't bother me as I'll never knowingly visit or drink in them.

[userabcd]

Good for them, real entrepreneurs.

 

Providing investment, contributing to the Thai economy and providing employment opportunities for Thai people and taxes paid to govt.

[bendejo]

Easy enough to get rid of them: shut the place down, drive them to the airport, blacklist them with immigration.  Anything worth anything is sequestered, especially bank accounts.

 

 

[LennyW]

The Chinese clean up was all widely predicted when Covid was causing the demise of many hotels.

[Burma Bill]

Pattaya - the hub of Indian and Chinese "take-aways"??

[champers]

3 hours ago, Mr Meeseeks said:

Doesn't bother me as I'll never knowingly visit or drink in them.

There's the thing. "Knowingly". Indians own non-Indian restaurants too, including one very popular Italian place in Pattaya.

[bangon04]

at least the Russians have got their claws into Phuket before the Chinese came back.  Diversity.....yeah.....