by wilbersuen | Feb 7, 2025 | News
The Research & Innovation for Sustainability Centre (RISC), under Thai property developer Magnolia Quality Development Corporation (MQDC), has introduced an advanced air purification tower designed to tackle PM2.5 pollution on an urban scale.
Known as “Fahsai,” the tower utilizes high-speed blades to draw in air, employing jet venturi scrubber technology to effectively filter dust and water droplets. This system can purify up to 120,000 cubic meters of air per hour, according to Singh Intrachooto, Chief Adviser at RISC.
The installation of Fahsai in key locations, including True Digital Park in Bangkok’s Phra Khanong district and the University of Phayao, has resulted in a 50% and 40% reduction in air pollution, respectively.
To expand its reach, RISC has appointed Dee Supreme as the official distributor of Fahsai. Several organizations have already placed orders, including the National Science Museum Thailand, which is set to install the system this month.
PM2.5 refers to fine particulate matter with a diameter of 2.5 micrometers or smaller, which can infiltrate the lungs and bloodstream, posing serious health risks such as respiratory and cardiovascular diseases. Major sources of PM2.5 pollution include vehicle emissions, industrial activities, forest fires, and agricultural burning.
Additionally, a more compact version, “Fahsai Mini,” has been deployed at MQDC headquarters within the DTGO Campus in Samut Prakan’s Bang Phli district. While smaller in size, Fahsai Mini can still purify up to 60,000 cubic meters of air per hour, covering an area of approximately 12,000 square meters—equivalent to a large football field.
With these innovations, RISC continues to drive sustainable solutions for improving air quality and mitigating urban pollution.
Source: The Nation
Yours sincerely,
The editorial team at Invest Bangkok Property
by wilbersuen | Feb 4, 2025 | News
Thailand is advancing its high-speed rail infrastructure, with the Cabinet approving the second phase of the Thai-Chinese high-speed train project. This expansion, valued at 341.35 billion baht, aims to enhance connectivity with Laos and China, paving the way for significant foreign investments.
Government spokesperson Jirayu Houngsub announced that the approval was granted during a Cabinet meeting chaired by Prime Minister Paetongtarn Shinawatra, just ahead of her official visit to China from Wednesday to Saturday. In addition to endorsing the railway project, the prime minister directed relevant ministries to expedite initiatives that facilitate Chinese investment and tourism.
The second phase of the high-speed rail line will extend from Nakhon Ratchasima to Nong Khai, which borders Laos. The Transport Ministry has been tasked with closely overseeing its implementation. Transport Minister Suriya Jungrungreangkit informed the Cabinet that the project will span 357.12 kilometers, with construction expected to commence this year and operations projected to begin in 2031. This railway will seamlessly link with the China-Laos high-speed rail network, further strengthening regional connectivity.
During her visit to China, Prime Minister Paetongtarn has instructed ministers to enhance bilateral economic, trade, and investment relations, with a focus on fostering long-term partnerships. She specifically emphasized the need to prioritize green and digital industries, including electric vehicle manufacturing, semiconductor production, and the development of data centers.
Additionally, the prime minister directed the Agriculture and Commerce Ministries to ensure that Thai food and agricultural exports meet China’s stringent safety standards. To attract further investment from China, she also urged the Transport Ministry to accelerate the development of the southern land bridge project.
Source: The Nation
Yours sincerely,
The editorial team at Invest Bangkok Property
by wilbersuen | Jan 31, 2025 | News
Condominiums near Chulalongkorn University (CU) are the most sought-after for both purchase and rental, driven by strong demand for prime locations near top universities and convenient access to public transportation.
According to a report published on Monday by DDproperty, one of Thailand’s leading property platforms, condominiums surrounding CU are in the highest demand among buyers and tenants.
The platform’s data further revealed that Srinakharinwirot University ranked second in popularity among those searching for nearby condominiums.
DDproperty emphasized that areas surrounding Bangkok’s top universities have become key investment locations for property developers, given their strong appeal to prospective buyers. The availability of electric train routes enhances accessibility, making these areas even more attractive for residents.
Additionally, the portal referenced data from the Agency for Real Estate Affairs Co., Ltd, which indicated that as of the end of 2024, land prices in key university zones, including Siam Square, Chidlom, and Ploenchit, had surged to as high as 3.75 million baht per square wah (approximately 1.5 billion baht per rai).
Top Universities in Bangkok for Condo Purchases:
- Chulalongkorn University
- Srinakharinwirot University
- University of the Thai Chamber of Commerce
- Sripatum University
- King Mongkut’s University of Technology Thonburi
Top Universities and International Schools in Bangkok for Condo Rentals:
- Chulalongkorn University
- Srinakharinwirot University
- Sripatum University
- Thammasat University (Tha Phra Chan Campus)
- Bangkok Prep International School
by wilbersuen | Jan 20, 2025 | News
Entertainment Complex Law: A Game Changer for Investment
The passing of the Entertainment Complex law could turn Khlong Toei in Bangkok and U-Tapao Aviation City into prime investment destinations. This legislative breakthrough sets the stage for creating world-class entertainment hubs, with the government keen to fast-track implementation.
The Cabinet approved the entertainment complex project on January 13, and just days later, former Prime Minister Thaksin Shinawatra announced a clear roadmap for advancing the law. A dedicated committee will be established next year to finalize regulations and bidding procedures for potential investors.
Key Criteria for Investment Locations
The selection process for entertainment complex sites will consider several vital factors. The government has outlined specific requirements:
- A minimum area of 300 rai (48 hectares).
- Robust infrastructure, particularly transportation networks.
- Proximity to major tourist attractions.
- State-owned land to ensure rental revenue for the government.
These standards aim to attract high-value investments and foster economic growth in strategically located areas.
Khlong Toei: A Mixed-Use Marvel in Bangkok
Bangkok Port in Khlong Toei offers an expansive 2,353-rai (376.4-hectare) area, making it an ideal candidate for an entertainment complex. The Port Authority of Thailand (PAT) has already proposed a Smart Port development plan to modernize the area. This ambitious project envisions:
- Residential developments for the Khlong Toei community.
- A free-trade zone under the Bangkok Port Free Zone.
- Shopping malls, convention centers, and duty-free facilities.
PAT Director-General Kriangkrai Chaisirivongsuk acknowledged the area’s potential but emphasized that any entertainment complex project must align with the PAT Act of 1951. This law mandates that the port’s land serves state and public purposes, primarily for logistics and port operations.
U-Tapao Aviation City: A Global Gateway
U-Tapao Aviation City, managed by U-Tapao International Aviation Co. Ltd., is another promising location for an entertainment complex. The area’s master plan includes:
- Shopping malls and luxury hotels.
- Duty-free zones and food courts.
- A Formula 1 race track to draw international visitors.
While current plans exclude a casino, U-Tapao’s potential remains immense. Bangkok Airways President Puttipong Prasarttong-Osoth highlighted that if the government legalizes casinos, U-Tapao would become a magnet for investors. This development would boost leasing opportunities and drive substantial private sector investment.
The Vision for Entertainment Complexes
These entertainment complexes aim to redefine Thailand’s tourism and investment landscape. Proposed facilities include:
- 4-5 star hotels with over 5,000 rooms.
- International conference and exhibition centers.
- State-of-the-art sports arenas and concert halls.
- Amusement parks, shopping centers, and event spaces.
- Casinos, occupying a limited area of the development.
By combining luxury accommodations, entertainment, and infrastructure, the government hopes to attract tourists and investors alike.
Strategic Advantages of Khlong Toei and U-Tapao
Both locations stand out due to their strategic advantages:
- Khlong Toei: Close to Bangkok’s central business district, with existing port infrastructure and connectivity.
- U-Tapao: Near Pattaya, a major tourist hub, and well-connected by air and road networks.
These factors position the two areas as frontrunners in the government’s entertainment complex initiative.
Khlong Toei and U-Tapao Aviation City are poised to become Thailand’s premier investment hubs following the Entertainment Complex law. Their strategic locations, combined with government-backed development plans, make them attractive options for investors seeking high returns.
As these projects unfold, they promise to transform Thailand into a global entertainment and investment powerhouse. Now is the perfect time for stakeholders to seize the opportunities that lie ahead.
by wilbersuen | Nov 25, 2024 | Uncategorized
Is this project good for investment?