Thai Cabinet Approves Draft Entertainment Complex Law

Thai Cabinet Approves Draft Entertainment Complex Law

Thailand's Cabinet has approved the draft Entertainment Complex Business Act in principle
 
The aim of the Act is to legalize standardized entertainment complexes, boost tourism and investment, and promote sustainable tourism.

- Benefits of Entertainment Complex Law, presented by Ministry of Finance
     - USD 3.5 - 7 Billion Tourism Revenue
     - 9,000 - 15,300 Jobs Employment
     - USD 2.9 Billion Investment
     - USD 354 Million- 1.1 Billion Government Revenue

On the other hand, explicit guidelines for the control and supervision of the entertainment complexes, along with measures to prevent negative impacts, are necessary.
 
The draft entertainment complex law will be carefully reviewed to ensure its alignment with the government's policy on promoting man-made destinations. Later, it will be presented to parliament for deliberation.

The global success of entertainment complexes has shown their ability to drive economic growth. Thailand certainly has a unique opportunity to capitalize on this trend and create a vibrant and dynamic economy.

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