Observation Tower To Generate Billions

A new observation tower in Bangkok is to be constructed and on a four-rai plot of land in the Klong San district.

The 4.62-billion-baht project which will take 3 years to build is part of a 30-year project and is estimated to generate B47 Billion by attracting a predicted 1.1-1.4 million tourists per year, over its 3 decade term.

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The tower has been designed to stand a whopping 459 meters tall which would make it the tallest in South Asia and the sixth tallest in the world.

The building will boast external elevators so tourists can enjoy views of the city as well as exhibitions on King Bhumibol’s economic philosophy and working principles.

Instead of the normal bidding contests by contractors the cabinet allowed the Treasury Department to choose the firm for the project. The contractor will pay all the construction costs.

With entry fees for Thai people set at 350 baht and foreign visitors paying 700 baht they expect the tower to be a popular attraction in the nation’s capital, hoping that it will also cause tourists to spend more time in the country.

Observation Tower To Generate Billions

Source : Bangkokpost

Content : LovePattayaThailand

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