The Royal Turf Club of Thailand (RTCT) has announced its ambitious plans to build “Royal Siam Haven,” a 200 billion baht entertainment complex designed to become one of Asia’s premier leisure and tourism destinations. The development will include casinos, a luxury hotel, a golf course, a yacht club, a medical tourism hospital, and a state-of-the-art theatre, among other attractions.

The project, which is set to attract both Thai and foreign investors, is expected to significantly boost Thailand’s tourism and entertainment industries. With strategic backing from both local and international companies, the complex is being hailed as a major step forward in enhancing Thailand’s “fun economy,” creating jobs, and driving economic growth.

RTCT’s announcement comes as other prominent firms such as U-Tapao International Aviation and the Charoen Pokphand Group are also investing in similar ventures. Foreign companies, including global giants like Las Vegas Sands Corporation and MGM China Holdings, have also expressed interest in entering the Thai entertainment complex market.

The Thai government views entertainment complexes as a key driver for future economic growth and has stipulated that all developments must include a casino, alongside other businesses such as hotels and shopping centers. Analysts believe this initiative will position Thailand as a major player in the global entertainment and tourism sectors.