Proposal for Phuket’s ‘Special City’ Status
Phuket is on the path to becoming a ‘Special City,’ a transformation that could bring it in line with Bangkok and major economic hubs like Rayong, Chon Buri, and Chachoengsao. Mayor Saroj Angkanapilas has presented a compelling case to Prime Minister Srettha Thavisin, advocating for a governance structure that gives Phuket greater autonomy over its infrastructure and tourism policies.
What Does This Mean for Phuket?
- Enhanced infrastructure development – better roads, public transport, and waste management.
- Potential economic boost – more streamlined processes for businesses and investors.
- Property value growth – increased demand from both domestic and international buyers.
- Risk of mismanagement – autonomy brings efficiency but also requires strong oversight.
Why is Phuket Pushing for This Change?
Despite generating revenues exceeding ฿300 billion, Phuket currently operates under rigid national governance, making it difficult to address localised issues such as:
- Traffic congestion in key tourist areas.
- Environmental concerns and waste management challenges.
- Urban planning that aligns with Phuket’s growing tourism industry.
What’s the Catch? Potential Challenges
While the prospect of greater autonomy is exciting, it is not without risks:
- Corruption and transparency concerns – ensuring fair governance will be crucial.
- Rapid development could drive up living costs, potentially pricing out locals.
- Will it attract more international investors at the expense of local interests?
Impact on Phuket’s Property Market
The Phuket property market stands to benefit significantly if this proposal goes through:
- Higher property demand due to improved infrastructure.
- More investment opportunities in both residential and commercial real estate.
- Greater international visibility, positioning Phuket as a top-tier global investment destination.
For more insights on Phuket’s real estate trends, check out our Phuket property market page.
Original source: The Phuket News
