Thai Times

Covering the Thai Renaissance
Monday, Jul 28, 2025

Sansiri Backs Phuket as Key Economic Hub

Real Estate Developer Sees Bright Future for Thai Island
Sansiri Plc, a leading real estate developer in Thailand, is highlighting Phuket's potential as an economic powerhouse.

The company is hosting the Phuket Pulse Exhibition from November 30 to December 30 at The Society, Social Space in Bangtao, showcasing sustainability concepts alongside beach sports and art installations.

Uthai Uthaisangsuk, president of Sansiri, emphasized the impact of favorable visa policies and the expectation of 16 million tourists in 2023, driving tourism revenue to a projected 500 billion baht.

This surge is fueling demand for high-end real estate and branded residences on the island.

Sansiri has been a pivotal player in Phuket's real estate market for over 13 years, with a strong focus on the island's strategic development.

The company plans to launch 27 new projects valued at 25 billion baht by 2029, with ongoing public and private investments transforming Phuket into a world-class destination.

Infrastructure developments, such as the expansion of Highway 4027, expressway projects, and Phuket airport's Phase 2 expansion, are set to enhance connectivity and sustain economic growth.

Private sector initiatives include high-profile ventures like Bumrungrad International Hospital Phuket and luxury wellness centers, aiming to position Phuket as a hub for health tourism.

Phuket also promotes education and luxury tourism, boasting 14 international schools and four yacht marinas catering to high-end visitors.

Sansiri's latest venture, The Society, represents a cultural and lifestyle space integrating culinary and artistic experiences in Phuket's vibrant Bang Tao-Cherng Talay area.

The initiative aligns with the company's vision to elevate Phuket's profile through unique experiences and contribute to sustainable growth while celebrating local cultural identity.
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