‘Chinese capital’ invades Chiang Mai, Pattaya, Phuket again, wins, buys land, durian plantations, eats school, collects tour business
On April 14, Mr. Chulanit Wangwiwat, president of the Chiang Mai Chamber of Commerce, revealed that Chinese investors are currently investing in the tourism business in the form of zero-dollar tours in Chiang Mai. after the COVID situation resolved and China opened the country The Chinese government has encouraged Chinese investors to invest outside the country and Chiang Mai is one of the targets to invest in business. Buy housing and send your child to study at an international school. Because the cost of living and tuition fees are cheaper than China.
“Before COVID, China invested a lot in Chiang Mai. When there is COVID, it stops. is coming back again after opening the country Obviously, the real estate business Good-selling condominiums, buying full quota 49%, are spreading to buy single houses priced at 3-5 million baht that Chinese people join with Thai people to develop projects for sale in the San Kamphaeng San Sai zone, near the M Sport golf course, which is the area where the Chinese live. Live and do a lot of business such as restaurants, retail stores, golf driving ranges Until becoming a small town for Chinese people or Little China, ”said Chulanit.
@Sapad win the purchase of land – hire purchase for the 30-year school
Mr. Chunit said There is also a trend that Chinese investors have bought 100 rai of land in Hang Dong zone to develop into a complete complex. There are community malls and residences. Including buying an international school and renting a 30-year hotel, a 3-star hotel, about 200 rooms to accommodate Chinese tourists who will come. It is also being watched that the Chinese shopping center project that was previously planned to invest in construction. Ring Road area near Payap University Will it be dusted again or not?
“Chinese people who come to invest with tourist visas. And still get a visa to accompany your child to study again While when doing business, then you do not have to pay taxes. Therefore, in order to prevent the government, the law must be amended to grant a visa only for doing business, ”said Chulanit.
@Jul. Charter parade to travel – study in the summer
Mr. Phallop Sae-Jew, chairman of the Chiang Mai Tourism Industry Council, said that the current trend that Chinese capital has rented for 30 years at a hotel in the outskirts of the city to accommodate Chinese tourists. has a high probability Because at present, Chinese capital has come to invest more in the comprehensive tourism business in Chiang Mai after the opening of the country. From selling package tours, chartering, car rentals, finding hotels to stay and places to visit The Zero Coin Tour will definitely return soon.
“Chinese people who come to Chiang Mai have 2 markets: come with a tour, must have a hotel with 100 rooms, and the other market comes to visit by itself. online booking There will be rental car packages and condos or houses that Chinese people buy to invest in. At this time, Chinese people are still not coming to Chiang Mai as compared to before COVID, with 29 flights per week or only 5 flights per day, ”said Panlop.
Mr. Panlop said However, in July, this is the semester break, there will be many Chinese students coming to study in the summer at Chiang Mai International School. which the Chamber of Commerce and Company Aeronautical Radio of Thailand Has been coordinated by the education business sector in China to open a charter flight route. Not including many Chinese tourists who will charter. It is expected that in July there will be more than 20 Chinese flights to Thailand both on normal and chartered routes per day or 600 flights per week. which is still only 10% compared to the year before COVID
@Return acquires a business attraction in Pattaya
Mr. Pratya Samalapa, Vice President of the Thai Chamber of Commerce, Rayong Province And the chairman of the Eastern Economic Development Board said that now the eastern region is starting to see more Chinese people coming in. Both investors who request investment promotion in the Eastern Special Development Zone (EEC), such as electric vehicle (EV) companies, as well as tourists and tourism service investors, such as buying closed tourist attractions. Restaurant business in Pattaya As for investment in real estate development projects, it is rarely seen. But earlier, there were 1-2 condominium projects in Pattaya and Rayong. but was unsuccessful and left abandoned
“Previously, it came in as a zero-coin tour. But after the government has cleared it down after covid unfolds Businesses or tourist attractions that Chinese people have invested in have begun to reopen. But I don’t know if it’s a Chinese capital or not,” said Prachya.
@Shop durian garden – Phuket speedboat
Mr. Nattha Kahapana, managing director of Knight Frank Thailand Co., Ltd., said that there will be 2 groups of Chinese who enter the Phuket area, namely tourism groups and business investment groups that buy condominiums, villas, commercial buildings, restaurant businesses. Fast boat business, durian garden, complete business Support Chinese tourists Most of them are joint ventures with local people. and in the Boat Avenue area because it is a tourist attraction
