Marina tourism development opportunity opens up in Phuket

Thailand’s Na-Ranong family, owners of The Slate Phuket, is looking for investors to develop a world-class marina development project on the east coast of Phuket at Sapam Bay, complete with adjacent land for housing, shopping, and leisure facilities.

The land comes with a pre-approved Environmental Impact Assessment and construction permits, which can take up to five years to complete, meaning the property is ready for immediate operation, allowing investors to focus on scaling the business and getting returns faster.

Investors to develop a world-class marina project on the east coast of Phuket wanted

The land, which also has a Marine Operating License in place, is offered at a time when the Thai government is prioritising marina and cruise liner port projects to enhance the country’s role as a regional marine tourism hub.

“Phuket’s nautical tourism has grown rapidly in the past decade, and we are proud to offer this site for development in the burgeoning marine tourism sector, providing a new launchpad to explore the islands and attractions around Phuket,’ said Krystal Prakaikaew Na-Ranong. “This is a rare opportunity to develop a world-class marina project that will contribute to the continued growth of Phuket as a world-class tourism hub.”

Krystal Prakaikaew Na-Ranong said the family is flexible in terms of either offering the site as a long-term lease project or for sale to the right buyer.

Phuket governor, Sophon Suwannarat, commented: “Phuket is fast becoming the boating capital of Asia, and we welcome the development of this marina site, which will not only attract more high-spending international tourists, but will considerably enhance Phuket’s economic growth.”

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