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Pattaya - Hua Hin Ferry 50% - 60% full in first month

138 posts in this topic

ID: 136   Posted (edited)

So who bankrolled the startup operation?  Was it done using investor's money or some venture capitalist's money?  If the operation goes bust, who loses money?  Who owns the darn thing or company?  Was it goverment subsidized?  Who did the cost analysis?

Edited by gk10002000
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ID: 137   Posted (edited)

2 hours ago, gk10002000 said:

So who bankrolled the startup operation?  Was it done using investor's money or some venture capitalist's money?  If the operation goes bust, who loses money?  Who owns the darn thing or company?  Was it goverment subsidized?  Who did the cost analysis?

 

https://www.thaivisa.com/forum/topic/973465-pattaya-hua-hin-ferry-50-60-full-in-first-month/?do=findComment&comment=11715613

 

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What is not clear is who owns the Hua Hin ferry? and why?

 

No, it's all clear to anyone who reads. Government owned, privately operated. You may contact Marine Department director-general Sorasak Saensombat for questions related to the goverment's part. And you may contact the operator, Royal Passenger Liner, at their offices at the Pattaya Automatic Parking, 2nd floor, Bali Hai Pier in Pattaya or Khao Takiab Pier, the main pier in the centre of Hua Hin. Good 'nuff for you? That help?

 

Nor is the reason difficult to understand: to make money while incidentally offering a service some may enjoy or find useful. Officially, The Pattaya-Hua Hin ferry service is part of the Thai government’s East-West Ferry Project that attempts to link resorts and towns on facing coastlines of the Gulf Thailand. Now is a link better than no link? Well, probably.

 

Market research and cost analysis can't be done by Thais but only by the TVF Central Planning Bureau. The Bureau determines the feasibility of a new service/product and the "fair" price, which is usually under 100 baht. However, the Bureau only goes by "what's needed." Nothing has been needed in the last 20 years, so the ferry would never have been approved.

 

Edited by JSixpack
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The TVF Central Planning Bureau has ruled that the ferry tickets

have been way overpriced sense day #1....lol

 

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BANGKOK 25 June 2017 14:09
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