Phuket is known for its pristine beaches, lush rainforests, rich cultural heritage, and world-class resorts and it has already established itself as one of the most visited islands in Southeast Asia. Phuket's allure as a place to live and invest is undeniable since it boasts a stable economy, a low cost of living, and a high standard of healthcare and education facilities. Recently, the island is focusing on the new infrastructure development and prepare to welcome the massive tourists influx. Let's explore Phuket's latest news!
How to Get to Phuket?
Phuket has an International Airport which is ranked as the 3rd busiest international airport in Thailand, with passenger flights scheduled to and from over 56 destinations across the world with 49 airlines as of February 2024. It is only a one-and-a-half-hour flight away from Bangkok and you can also travel by land with express buses and vans.
Travel Infrastructure Expansion
Due to the tourism influx, the current flight time slot of the airport is not enough and Airports of Thailand (AOT) is speeding up the construction of the new Andaman International Airport, the second airport of Phuket, to accommodate the rising number of tourists. According to Bangkok Post, it will serve as an extension of Phuket International Airport and the two airports are expected to handle 18 million passengers per year.
Moreover, Phuket is also rolling out new highways. Highways 402 and 4027 along with the harbor underpass are set to ease the flow of cars and buses. The roads will also link to the new Phuket International Airport making your trips smoother.
Tourism Boom Continues in 2024
At the end of November last year, the number of travelers exceeded 10 millions generating 330 billion baht as per Bangkok Post. During the New Year holiday, Phuket welcomed more than 250,000 visitors with 70% being tourists and the occupancy rate reached 82%. The majority of tourists came from Russia, followed by China, India, Australia and the UK.
Latest Projects
Phuket already has international healthcare services and more projects are en route offering options for high-quality medical care on the island. Bumrungrad International Hospital is building a 150-bed boutique hospital focused on wellness and advanced diagnostics. Another development is the PSU Phuket Hospital in Mai Khao, part of a larger health complex expected to be completed by 2027.
The global education in Phuket will offer you a new international school for your child. Global Gateway Academy in the Choeng Thale area with a diverse curriculum focuses on global standards and holistic education for students from various cultural backgrounds.
In Conclusion
The booming tourism industry in Phuket is evident, with millions of visitors flocking to the island and generating significant revenue. Exciting new projects, including world-class hospitals and international schools, are on the horizon, further enhancing the island's appeal. For those considering property investment, Phuket presents a compelling opportunity for both leisure and long-term gains.
