Bidding will be held by December this year for the construction of an international convention centre in the southern island resort of Phuket.
Deputy Finance Minister Pruttichai Damrongrat said the project would cost Bt3.74 billion, using budgets from fiscal 2010-12 under the Thai Khemkhaeng stimulas programme.
Construction of the facilities for meetings, incentives, conferences and exhibitions are expected to provede new economic opportunities in the southern island province.
The project will be located on a 150-rai plot owned by the Treasury Department, close to Phuket Airport.
Construction will take about two years. Pruttichai said the project needed an environmental-impact assessment before work could begin.
Sources said the site might face a shortage of fresh water during the dry season. In addition, the location is not close to most hotels, and it takes about an hour to drive to popular Patong Beach.
Overall, the Phuket convention centre will be designed to serve 2 million visitors a year.
Besides the four exhibition buildings, there well be a four-star hotel with 350 rooms.
Its carpark will accommodate 1,000 cars and buses.
Pruttichai said Phuket had already been allocated a Bt779-million budget for fiscal 2010 under the Bt1.43-trillion economic stimulus package, which runs through fiscal 2012.
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