Foreign investors show interest in Pattaya’s 26.9 billion baht Green Line Tramway
A fact finding seminar was held at the Pullman Pattaya Hotel to discuss transport infrastructure improvements for the resort over the following 16 years.
Among the 120 participants there were investors from China, Korea and Thailand as well as a team from the British Embassy, said Green Line project manager Pongtawee Lertpanyawit.
The Green Line Tramway will connect the high speed train station in Pattaya with Bali Hai and include 13 stations about 650-700 meters apart.
It will be elevated at a height of 18 meters mostly utilizing the center of existing roads, said local official Pramote Thapthim who chaired the meeting.
Investment is being sought for building in the sum of 16.4 billion baht and operating costs of 10.4 billion.
Pramote said that Pattaya has exploded in size due to a great influx of people and tourists in recent years and improvements in transport were needed.
A three phase plan has been initiated to run from now until 2036 to address this issue as part of the government’s Eastern Economic Corridor initiative.
There are four main components of this and 15 lesser components.
The meeting heard principally about the Green Line plans regarding its design and environmental impact.
Pongtawee said interest from the private sector in investment, both Thai and foreign, had been good.
Source: ThaiVisa & Facwbook: We Love Pattaya
