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Monday, April 29, 2024

Chinese and Indian investors buying up Pattaya

FILE PHOTO: Chinese and Indian investors are buying up businesses in Pattaya.

Pattaya has been attracting foreign investors for years, but now Indian and Chinese investors are leading the way, buying up businesses in the area and catering to people from their home countries. Business people in the Chonburi province have commented on a rise in businesses specifically by and for Indian and Chinese tourists.

Indian investors were the first to strongly finance post-Covid recovery. They had previously bought pubs and restaurants along Pattaya’s famous Walking Street, reopening them as businesses specifically catering to Indian tourists.

But now that it’s been a month and a half since travel restrictions were lifted for Chinese travellers, investments from China are soaring. The Chinese investment is different from the Indian investment though. It is more organised and…

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