Make PattayaMail.com your Homepage | Bookmark              SERVING THE EASTERN SEABOARD OF THAILAND             Pattaya Blatt | Chiang Mai Mail | Pattaya Mail TV
 
Pattaya Mail Web
 
Property - Real Estate
 


Pattaya to have South East Asia’s leading water-park

Chumpol Silapa-archa, the Minister Of Tourism & Sports, center, along with Ramayana Water Park and WhiteWater West Industries representatives shake hands at a press conference held April 8 at the Inter Continental Hotel in Bangkok to announce development plans for the water-park project.

Ramayana Water Park representatives and investors held an official signing ceremony on April 8 with their partners from WhiteWater West Industries of Canada at the Inter Continental Hotel Bangkok to announce the construction of a new 900 million baht state of the art water-park in Pattaya.

WhiteWater West Industries, the world’s leading designer and manufacturer of waterslides and water park equipment, has completed over 4,000 projects worldwide for clients including Disney, SeaWorld and Atlantis Resorts. The partnership should guarantee that this will be a world class water-park.

This new water-park promises to offer an exciting new experience to not only local residents but also international tourists to the city. The Thai Minister of Tourism and Sports, Chumpol Silapa-archa, attended the signing ceremony along with the Governor of Chonburi Province, Wichit Chartphaisit, Mayor of Pattaya, Ittipol Khunpluem, and Sornchai Thongyangyuen, the Chief Executive of the SAO Najomtien where the project will be developed.

Kasikorn Bank, the largest credit institution in Thailand and the Board of Investment in Thailand (BOI) also had representatives at this event, raising their strong interest in the water-park project.

Stage 1 of the Ramayana Water Park development will be designed and built on approximately 160,000sqm of land. The water-park will offer the latest industry-leading thrills and family rides available on the market today, including Asia’s first ever Viper family ride and the award-winning AquaLoop, being the world’s only vertically looping waterslide. This first of its kind ride drops riders vertically with thrilling g-force then performs a 360 degree complete vertical loop.

The water-park will also feature Dueling Master Blasters, where friends can race each other on triple tubes while racing up and down hills on specially designed water rollercoasters.

To ensure that the water park is built and operated to the highest standards of safety and service, Alan Mahony, the Managing Director of MAHONYdmc has been appointed to oversee the project design, construction & operations. Mr. Mahony has been involved with some of Asia’s and the world’s leading water parks, including Chimelong Water Park and the Beijing Watercube Water Park, both in China.

“This is a very exciting market which includes both the Bangkok market and Chonburi tourism market. It has been very important during our initial stages to closely study these markets to have an understanding of exactly how we need to develop and design the water-park,” Mahony explained.

“We have worked very closely with WhiteWater West and have looked closely at water parks within Asia that deal with similar tourist markets, as well as water parks that deal with large local urban markets. We have selected not only the most popular thrill rides but also have dedicated a large portion of the water-park to family and children attractions, including a giant themed AquaPlay structure and a mini Abyss, for children to enjoy.

“The water park will be themed along the storyline of Ramayana and will feature a native landscape. It will also feature shaded relaxation areas, special VIP Sala’s that can be rented for the day, plus a large range of local and international cuisine.”

Ramayana Water Park, located on Na Jomtien, plans to become South East Asia’s leading water park and is scheduled to open in late 2012.

The park will be constructed on 160,000sqm of land in Najomtien and feature more than 50 state of the art rides and attractions.


Raimon Land awards 185 Rajadamri construction contract to Bouygues Thai

Bouygues Thai Managing Director Jean-Marie Verbrugghe, left, shakes hands with Raimon Land’s Chief Executive Officer Hubert Viriot, center, as Raimon Land Chief Operating Officer Kitti TungSriwong looks on.

Luxury property developer Raimon Land has announced that it is awarding the overall building contract for 185 Rajadamri, Bangkok’s most exclusive residential address, to Bouygues Thai Ltd., the local subsidiary of leading international construction company Bouygues. This follows a competitive tender process among the most reputed construction companies that are today shaping Bangkok’s skyline.

Under the terms of the contract, valued at approximately Baht 2.4 Billion, Bouygues Thai will be responsible for the sub-structure, the superstructure and the main building works, as well as the management of sub-contractors for mechanical, electrical and plumbing installations. Construction has commenced since April 1, 2011.

An artist’s render of the 185 Rajadamri project.

One of the world’s largest construction groups, Bouygues has been the force behind several international landmark buildings such as The Sail@Marina Bay in Singapore and the SkyCity Marriott Hotel in Hong Kong. In Thailand, Bouygues Thai enjoys a wealth of experience in the construction of Grade A residential projects, and has been a valuable partner for outstanding Raimon Land projects such as The River, which is in its final building stages along the Chao Phraya in Bangkok, and the recently-completed Northpoint condominium on Wongamat Beach, Pattaya.

Raimon Land’s Chief Executive Officer Hubert Viriot said his company was pleased to extend its working partnership with Bouygues Thai: “185 Rajadamri is our most luxurious project to date, poised to become a landmark in this prestigious neighbourhood. Therefore, it was even more critical for us to select a contractor with a proven track record in delivering top quality residential projects on time and within the budget.”

“Our tender involved five of the most respected names in Thailand’s construction industry, and I would like to thank them for participating in a very competitive process. Eventually, Bouygues Thai came out on top while meeting our criteria and requirements.

Bouygues Thai Managing Director Jean-Marie Verbrugghe, said: “The 185 Rajadamri tender was one the most challenging tender processes we ever participated in. Raimon Land’s management team had made it clear that the most competitive offer would win the contract, regardless of past experience with them. Therefore, I am extremely pleased to have won this tender and work again with Raimon Land, one of Thailand’s fastest growing property developers.”

Scheduled for completion in late 2013 and located on the last remaining freehold land plot along the historical Rajadamri Road, 185 Rajadamri is Raimon Land’s sixth project in Bangkok. Occupying an area of 4 rai, the project will feature 268 units for a total value of approximately THB 9.6 billion, lifting the total value of Raimon Land’s project pipeline to Baht 28 billion over the next 3 years.

Mr. Viriot concluded: “185 Rajadamri is the second project we launched in less than six months, thereby demonstrating our strong financial health and long term confidence in the market. With this construction contract now signed and with more than 35% of 185 Rajadamri condominium units already pre-sold, we can comfortably set our sights on further projects in Bangkok and elsewhere.”


House buyers warned of interest rate hike

Buyers looking to purchase new properties in Thailand are advised to apply for loans within this year if they are to avoid an interest rate hike which is expected to increase continuously in 2012.

According to Kasikorn Bank (KBank) First Senior Vice President Chatchai Payuhanaveechai, this year’s property loan growth rate is slowing down to 7.5-8.5%, after expanding 9.2% last year. This is primarily due to an increase in the base interest rates.

The vice president said he expected policy interest rates to increase continuously. He projected that it would be around 3.00-3.25% at the end of this year, up from 2.50%; and would reach 4.00% later on in order to curb the inflation rate expansion of 3.3% this year.

Following the rising interest rate, Chatchai suggested that new house buyers should seek loans this year before the cost of interest, and the loan as a whole, will be even more expensive next year.

The vice president admitted however that competition among commercial banks in housing loans remains fierce, prompting banks to continue offering zero-percent interest rate promotions to attract more home buyers. (NNT)


HEADLINES [click on headline to view story]

Pattaya to have South East Asia’s leading water-park

Raimon Land awards 185 Rajadamri construction contract to Bouygues Thai

House buyers warned of interest rate hike


Advertisement

  Property for Rent
  Condos & Apartments
  Bungalows - Houses - Villas

  Property for Sele
  Condos & Apartments
  Bungalows - Houses - Villas
  Articles for Sale/Rent
  Boats
  Business Opportunities
  Computers & Communications
  Pets
  Services Provided
  Staff Wanted
  Vehicles for Sale / Rent: Trucks & Cars
 

 



News
 Local News
  Features
  Business
  Travel & Tourism
  Our Community
  Our Children
  Sports
Blogs
 Auto Mania
  Dining Out
  Book Review
  Daily Horoscope
Archives
PM Mike Franklin
Classic Charity Golf
Tournament
PM Peter Cummins
Classic International
Regetta
Information
Current Movies
in Pattaya's Cinemas

 Sophon TV-Guide
 Clubs in Pattaya
News Access
Subscribe to Newspaper
About Us
Shopping
Skal
Had Yao News
Partners
Pattaya Mail TV
 Pattaya Blatt
 Chiang Mail Mail

E-mail: [email protected]
Pattaya Mail Publishing Co.Ltd.
370/7-8 Pattaya Second Road, Pattaya City, Chonburi 20150 Thailand 
Tel.66-38 411 240-1, 413 240-1, Fax:66-38 427 596
Copyright © 2004 Pattaya Mail. All rights reserved.
This material may not be published, broadcast, rewritten, or redistributed.