Thailand plans $52 billion smart city to support industrial hub - Printable Version
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Thailand plans $52 billion smart city to support industrial hub - Levin - 12-07-2022
PUBLISHED JUL 11, 2022, 6:48 PM SGT
BANGKOK(BLOOMBERG) - Thailand is planning to build a US$37 billion (S$52 billion) smart city in an industrial hub near Bangkok that is already drawn billions of dollars of investment pledges from global automotive, robotics, healthcare and logistics companies.
A master-plan to build the city in Huai Yai subdistrict of Chonburi province, some 160km southeast of Bangkok, was approved by a panel chaired by Prime Minister Prayut Chan-o-cha on Monday (July 11).
The yet-to-be-named city will be spread over 2,340 ha of land and will cost 1.34 trillion baht, or US$37 billion, over the next 10 years
https://www.straitstimes.com/asia/se-asia/thailand-plans-s52-billion-smart-city-to-support-industrial-hub
RE: Thailand plans $52 billion smart city to support industrial hub - sgbuffett - 12-07-2022
Thailand experienced a long period of stagnant economy since Thaksin was ousted.
There is a straightforward systematic way to evolve an economy like Thailand. They just need good leadership to get the job done.
RE: Thailand plans $52 billion smart city to support industrial hub - Alice Alicia - 12-07-2022
SG under threat.
RE: Thailand plans $52 billion smart city to support industrial hub - Odessy - 12-07-2022
With 52 billions going into a smart city the operating costs will go up
It will become less competitive
Other day to day necessities will go up just to cover the higher 'smart' costs of goods and services
Small snowball becomes big snowball
And then the city becomes a burden
RE: Thailand plans $52 billion smart city to support industrial hub - Scythian - 12-07-2022
(12-07-2022, 08:39 AM)Alice Alicia Wrote: SG under threat.
Then, expansion of transport infrastructures, warehouse, logistics, cargoes airport and shipping ports.
The best is to construct the Kra canal the final nail in the coffin.