The Thai billionaire has urged the government to revive its tourism

Published on : Saturday, May 16, 2020

Mr. Dhanin Chearavanont, a billionaire and the Chairman of Charoen Pokphand Group, is requesting the government to slowly ease lockdown measures and start greeting the international tourists as soon as possible, and turn the country into a “safe haven” for wealthy visitors.


Mr. Dhanin, who is the Chairman of the largest food and agriculture conglomerate Charoen Pokphand (CP) Group of the kingdom has recently explained that this move would eventually assist the sector in reviving.


“Thailand’s economic losses from the lockdown are estimated to be at 16 billion baht per day or almost 500 billion per month, a longer lockdown will cost us more and more,” he said.


Since 09 March till 14 May 2020 for almost 65days, Thailand has been under lockdown after the government took measures to stem an increase in confirmed COVID-19 cases. However, now the government said that the coronavirus infection rate is about 1 per cent.


The financial effect of the lockdown is obvious as millions of workers applied for unemployment benefits. Also, the sector is badly hit after the kingdom stopped taking in visitors from abroad.


On Wednesday, the Center for COVID-19 Situation Administration (CCSA) did not report any new cases of infections, the first time in 65 days since lockdown started. The kingdom has recorded 3,017 cases.


“We can’t wait until a vaccine is developed and produced in sufficient quantity to roll out to the entire population,” Mr Dhanin said as per a recent interview in the Bangkok Post. Adding, “The economy won’t survive that long.”


He has further explained that tourism accounted for 16-17% percent of GDP and should bounce back because of improvements in the virus situation.
Mr. Dhanin requested the government to pull more and more high-spending tourists world over by highlighting Thailand’s success in containing the spread of Covid-19.


“The number of infection and death cases in Thailand is very low compared with other countries, even though our lockdown began later,” he said. “There were also a large number of Chinese tourists in the country.”


This shows the fact that our doctors and hospitals are the best and we need to tell the world about it.


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