Thailand to Slowly Restart Tourism with Flight from China

The popular Patong beach is closed during lockdown in Thailand. (Reuters file photo)
The popular Patong beach is closed during lockdown in Thailand. (Reuters file photo)
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Thailand to Slowly Restart Tourism with Flight from China

The popular Patong beach is closed during lockdown in Thailand. (Reuters file photo)
The popular Patong beach is closed during lockdown in Thailand. (Reuters file photo)

Thailand will receive its first foreign vacationers when a flight from China arrives next week, marking the gradual restart of a vital tourism sector battered by coronavirus travel curbs, a senior official said on Tuesday.

The first flight will have about 120 tourists from Guangzhou, flying directly to the resort island of Phuket, Tourism Authority of Thailand governor Yuthasak Supasorn told Reuters.

Thailand has kept coronavirus infections low with just 3,559 cases and 59 deaths, but its economy has taken a hit from a ban on foreign visitors since April and is expected to contract 8.5% this year.

Government spokeswoman Traisulee Traisoranakul expects 1,200 tourists in the first month, generating about 1 billion baht ($31.55 million) in revenue and 12.4 billion baht over one year, drawing in 14,400 tourists.

Nationalities permitted to enter will be from countries deemed low risk by the government, which will keep tabs on them.

“We are not opening the country, we are limiting the number of entries and will manage with wrist bands, apps to follow them,” Prime Minister Prayuth Chan-ocha told reporters.

The government predicts just 6.7 million foreign visitors this year after a record 39.8 million in 2019, whose spending made up about 11.4% of GDP, or 1.93 trillion baht.

Thailand in January was the first country outside of China to detect the coronavirus, in a visitor from Wuhan.

“Tourists will be on a long stay visa, starting Oct. 8 and will stay in alternative state quarantine for 14 days,” Yuthasak said.

Visitors need health insurance and a negative coronavirus test 72 hours before travelling and will be tested twice in quarantine.

“Thailand’s protection system can prevent a second wave,” government spokeswoman Traisulee said.

“We have prevented local transmission for 100 days before,” she said, adding that had made Thailand attractive for visitors wanting to avoid infections.



Saudi Giga-project Diriyah Agrees Deals Worth $1 bln with European Firms, Says CEO

Jerry Inzerillo, Group CEO of the Diriyah Gate Authority reacts during the World Economic Forum (WEF) in Riyadh, Saudi Arabia, April 28, 2024. REUTERS/Hamad I Mohammed/File Photo
Jerry Inzerillo, Group CEO of the Diriyah Gate Authority reacts during the World Economic Forum (WEF) in Riyadh, Saudi Arabia, April 28, 2024. REUTERS/Hamad I Mohammed/File Photo
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Saudi Giga-project Diriyah Agrees Deals Worth $1 bln with European Firms, Says CEO

Jerry Inzerillo, Group CEO of the Diriyah Gate Authority reacts during the World Economic Forum (WEF) in Riyadh, Saudi Arabia, April 28, 2024. REUTERS/Hamad I Mohammed/File Photo
Jerry Inzerillo, Group CEO of the Diriyah Gate Authority reacts during the World Economic Forum (WEF) in Riyadh, Saudi Arabia, April 28, 2024. REUTERS/Hamad I Mohammed/File Photo

Diriyah, one of Saudi Arabia's giga-projects, has agreed deals worth nearly $1 billion with European firms and is in talks to attract more foreign capital, its CEO said.

Diriyah, located at a UNESCO World Heritage site outside the capital Riyadh, has been backed by PIF investments worth a total of around 20 billion riyals ($5.33 billion) in 2023 and 2024, and should get 12 billion riyals more next year, its CEO said.

It has recently agreed deals worth nearly $1 billion in total with an Italian developer and a French company and is in talks with several foreign investors looking to buy equity stakes in hotels and other real estate developments, Jerry Inzerillo told Reuters in New York this week.

"There's a lot of interest from America, a lot of interest from every country," he said. "We'll work with any country that can deliver quality and stay on time."

Foreign investors have already bought stakes in several projects in Diriyah, said Inzerillo, with more to come.

"A lot of people can see that it's built, it's doable; it's no longer renderings, no longer 'you wait and see' ... So now we're seeing a big spike in interest in foreign investment".

Inzerillo said investment priorities have changed because of upcoming events such as the Expo 2030 world fair, which Riyadh last year won the right to host. But the pace and scope of the Saudi giga-projects have not been scaled back, he said.

"It's a realignment, a re-prioritization ... not a reduction," he added.