The Pattaya City Municipality is injecting 775 million baht into two development schemes to restart the resort city’s Covid-battered tourist industry, the mainstay of the local economy.
The schemes are called “Neo Koh Lan” and “Old Town Na Klua”, after two of the city’s main tourism magnets.
The Neo Pattaya projects aim to promote city innovations to accommodate its future economic growth after the city was chosen as a tourism and investment centre under the government’s flagship Eastern Economic Corridor (EEC).
A budget worth 775 million baht has been earmarked to develop a total of 32 projects as part of the Neo Koh Lan and old town Na Klua schemes over the next three fiscal years. Funds for the current fiscal year have already been allotted.
The budget for the Neo Koh Lan scheme is set at 350 million baht which will finance…
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