Report Thai Gov't Defends 'Vegas-Style' Complex Plan Amid Criticism

[snoop1130]

File photo for reference only

 

Thailand's Deputy Finance Minister, Julapan Amornvivat, has staunchly defended the country's bold initiative to develop integrated entertainment complexes, countering criticism that the move could lead to negative perceptions of the Thai economy. Responding to detractors who fear the project might link Thailand with a "grey" economy, Julapan challenged such arguments by comparing the proposal to legalised casino operations in countries like the United States, Singapore, Japan, and Dubai.

 

He highlighted that the real threat to Thailand's image comes from the presence of illegal gambling establishments, which, unlike regulated casinos, operate outside the law and evade oversight. Julapan suggested that criticism might merely reflect personal views rather than an official position from the Bank of Thailand, a notion aimed at easing institutional tensions.

 

Despite the backlash, Julapan remains unwavering, emphasising the project's importance following its approval by the Cabinet. The associated draft legislation is now moving forward, preparing for parliamentary review. This is part of a comprehensive vision that includes wellness centres and other development initiatives, confirming the government's commitment to fostering multidimensional national growth.

 

This Entertainment Complex initiative, long-discussed but never implemented, is seen by the government as a pivotal opportunity for economic transformation. It is anticipated to attract investments exceeding 100 billion baht, catalysing economic expansion and enhancing Thailand's appeal as a tourism destination.

 

The project timeline is ambitious: pending parliamentary approval, the government plans a year for establishing a regulatory body, conducting feasibility studies, and finalising tender documents. The goal is to begin construction within three years, marking a historical advancement in Thailand's economic and tourism landscape.

 

  Adapted by ASEAN Now from The Nation 2025-05-20

 

 

[blaze master]

10 minutes ago, snoop1130 said:

the move could lead to negative perceptions of the Thai economy

 

Thailand you've done this to yourself.

[Yagoda]

Im all in favour of casinos