Regarding potential locations, Julapan suggested large state-owned land plots, at least 300 rai per site, to mitigate land disputes and accommodate the extensive facilities planned within the complexes, such as museums, theme parks, and hotels.
In a significant development, Julapan revealed strong interest from several world-renowned international companies in investing in the project.
Notably, Wynn Development Co., Ltd., the owner of Wynn Resorts, a leading global integrated resort operator from Las Vegas, USA, has engaged in discussions.
Chris Gordon, President of Wynn Development, met with Julapan to inquire about the project details and express keen interest, recognising Thailand’s potential to attract major investment and its strong tourism appeal. He believes the initiative could elevate Thailand to a premier global entertainment destination.
“The interest from leading companies like Wynn Resorts underscores their confidence in Thailand’s potential,” Julapan stated. “The government is committed to proceeding carefully to ensure economic growth, job creation, and new employment opportunities, alongside social stability and the benefits for the Thai people. We have updated Wynn Resorts executives on the progress of the draft legislation, which is expected to be submitted to Parliament around July this year.”
The legislation will incorporate stringent measures to combat money laundering and address potential social impacts, such as gambling addiction.
Gordon added that Wynn Resorts already implements rigorous anti-money laundering and responsible gaming measures and is willing to share its global expertise and technology currently employed in its operations in the United States and other countries.
Julapan concluded by noting that, in addition to Wynn Resorts, other world-class entertainment complex operators involved in related sectors like concerts, shows, and sports have also expressed interest and are actively seeking discussions with the government.
