Thailand tourism rehab planned
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The Thai government plans to invest about THB6.6 billion (US$190 million) in tourism projects over the next three years as part of its efforts to rebuild the industry, according to a Bangkok Post report.
The package excludes THB10.2 billion baht in tourism-related infrastructure spending, planned for the same period.
According to Tourism and Sports Ministry Permanent Secretary, Dr Sasithara Pichaicharnnarongthe, the investment framework has already been approved by the cabinet. Its details will be confirmed later and re-submitted for the cabinet’s approval, probably in May or June this year.
Investment is due to start in the 2010 fiscal year in October. Initiatives include:
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