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Good News There Is No Marina Ban For Phuket

Category: Tourism, Posted:17 Sep 2009 | 06:50 am

After much furor by developers and the property industry over reports that the Provincial Government has issued a ban on new marina developments the Phuket Gazette has spoken to the relevant authorities and issues the following:
According to both the Department of Natural Resources and Environment (DNRE) and the Office of the Governor of Phuket, with whom Gazette reporters spoke this afternoon, there was, and is, no intent to ban proposed new marina construction in the island province.
But a spokesman at Provincial Hall says that Governor Wichai had simply agreed with a DNRE recommendation that provincial authorities set a new policy to carefully examine marina and other coastal development proposals in order to properly assess their impact on the environment before giving them the go-ahead.

“The new policy only places tougher restrictions on such projects and prioritizes the development of existing marinas and piers” he said.
This is positive news and for most developers of this scale would like to see more international standards placed on environmental approvals to improve standards in the sector. Marinas are a good contributor to the local economy, jobs and service sector. Additionally they provide a good demand generator for our tourism industry and property markets.

Other News

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New Phuket Hotel Market Update 2024 Report From C9 Hotelworks

Category: Hotels|Tourism, Posted:17 Apr 2024 | 19:06 pm Phuket’s tourism industry is undergoing an ongoing rebound, with last year’s airport passenger arrivals edging towards pre-pandemic figures according to C9 Hotelwork’s Phuket Hotel Market Update 2024. While hitting 7 million, it was still short of the 9 million mark set in 2019. This year the trend is continuing with 1.62 million arrivals to date […]
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Delving Into the Real Estate Rental Landscape of Phuket

Category: Opinion|Real estate, Posted:16 Apr 2024 | 09:39 am Given the backdrop of a booming Phuket real estate sector, one area that is often overlooked is the rental market. Despite a vibrant vacation short-stay segment, there remains a strong demand for extended and long-stay rentals across the island. Rental demand coming out of the COVID19 pandemic experienced sustained uplift and has continued to perform […]
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Inside the Numbers. The Potential of a Phuket Property Bubble

Category: Real estate, Posted:13 Apr 2024 | 13:12 pm One of the most common questions I am asked these days is about a potential Phuket real estate bubble. While it’s a popular buzz term, so many who ask the question don’t understand what a bubble is. The most notable real estate bubble in recent history was the subprime housing crisis in the United States […]
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