France, The Prime Minister gave a keynote speech at the International Real Estate Expo (MIPIM 2024), emphasizing the potential of 3 Thai infrastructures. 'Airport Hub - Landbridge - Green Energy' promotes progress Drive economic growthToday (12 March 2024) at 11.10 a.m. (Cannes local time) french republic which is 6 hours later than Bangkok) at the Palais des Festivals, Cannes, French Republic, Mr. Settha Thavisin, Prime Minister and Minister of Finance Participated in the opening ceremony of the international real estate expo (MIPIM 2024) and gave a keynote speech at the seminar titled 'Better Infrastructures in an Age of Risk, Scarcity and Emergency' to express his vision and share experiences in infrastructure development in Thailand by Mr. Chai Watcharong, Spokesperson for the Prime Minister's Office Reveal important information as follows:The Prime Minister emphasized the importance of infrastructure in economic development. which is the first important thing The government promotes equality through economic growth. We believe that good infrastructure will be the key to progress and access to all sectors. Leads to economic and social benefits This is not only for those who live in big cities. But it also provides opportunities for everyone in every area.Thailand opened Suvarnabhumi International Airport in Bangkok 18 years ago, which opened the door to Thailand significantly. In the decade before the airport was completed, Number of travelers increased by 71% and a decade later It has grown over 110% in the past several years. As a result, Thailand is a world-leading tourist destination.The importance of infrastructure It is not only beneficial to tourism. but also includes many dimensions of industry. Including real estate. In an era of risks, scarcity, and emergency situations, having resilient and sustainable infrastructure is invaluable, creating interconnectedness and serving as an important backbone for society. The Prime Minister then shared the government's vision and upcoming infrastructure investments. This will make Thailand the logistics center of Southeast Asia. By giving importance to 3 main areas:As for Aviation Hub, the government plans to transform Thailand into the region's main aviation hub within this decade. Thailand is located in the heart of the Indochina region. It is a strategic location where major cities across Asia are a 4 to 6 hour flight away, with Bangkok alone. Welcoming more than 60 million passengers per year, we are looking to expand our capacity to accommodate even more travelers. The plan is to expand the existing airport and build a new one. including the expansion of Suvarnabhumi International Airport to add a new passenger building and build two more runways. When completed, they will be able to accommodate 150 million passengers per year.The government will also build two new airports in the north and south. Lanna International Airport will be the second airport for the bustling tourism industry in Chiang Mai and other northern provinces, while Andaman Interna tional Airport in Phang Nga Province which is close to Phuket province It will help strengthen the aviation hub connecting long-distance routes in southern Thailand. The two airports will have a combined capacity of 40 million passengers per year.In addition to this The government plans to improve services for all visitors passing through Thai airports, including:Improving ground operations processes and reducing waiting times for arriving and departing passengers.Expanding and reallocating landing and take-off slots to make them more appropriate and convenient for international passengers.Reducing landing fees and increasing delay fees to increase turnover and accommodate more flights.Improving safety standards for both ground and air operations.Increasing flight frequencies and new routes to Thailand, and much more.The Prime Minister is confident that Thailand will be a regional leader as an aviation hub. With large investments in infrastructure and various servicesThe economic bridge projec t connecting the Gulf of Thailand - Andaman Sea (Landbridge Project) is an important foundation for maritime connectivity in the Indo-Pacific region. Today we face enormous risks. Relying solely on the Malacca Strait for travel between the Indian and Pacific oceans, 25% of global goods now pass through the strait. Each year, 90,000 ships must pass through congested waterways. As a result, traffic moves slowly and many people have to queue. Under the Landbridge project, roads and high-speed rail will connect two deep-sea ports, cutting through southern Thailand. and is an alternative connection between the two oceans This project is not only important from a commercial perspective. But they are vital to maintaining global trade and investment and supply chain stability. amid global geopolitical uncertainties The government is therefore confident that the Landbridge project will be successful and important to the Southeast Asian region. Especially Thailand which is neutral. Always ready to accept all sectors.In terms of Green Energy Infrastructure, most important projects and investments from now on They all want access to affordable and reliable renewable energy. In the past few years The government has invested heavily to ensure that Thailand will reach its goal of having 50% of its electricity generation from renewables by 2040, and Thailand was one of the first countries to launch a Utility Green tariff program. Tariff) so that all sectors investing in Thailand can be confident that they will have access to renewable energy in the coming years.At the end, the Prime Minister emphasized that Thai projects and infrastructure are not only important for Thailand's economic growth. but also includes a commitment to promoting sustainable and equitable development. When cooperation occurs It will not only be used to build infrastructure. The government is building connections that connect economies and people. We encourage all participants to Consider participation Turn these visions into reality For a sustainable and prosperous future togetherIncidentally, MIPIM 2024 is a leading international real estate fair. Held from 12 -15 March 2024, there is a large exhibition area of ??more than 18,700 square meters, along with workshops, discussions and meetings to exchange experiences together from both the public and private sectors around the world related to the industry. Real estate .Source: Thai News Agency