Rama-Thanarak Senior Complex Project Remains Active Despite Cost Concerns
The Treasury Department's development arm, DAD, confirms the Rama-Thanarak Senior Complex project is still proceeding, though construction costs may rise by 30%.
According to a report by Prachachat Business, the Treasury Department's development arm, DAD, has clarified that the Rama-Thanarak Senior Complex project has not been cancelled. Dr. Teeratat Suksa-ard, Managing Director of DAD, stated that while the project remains active, it may undergo design adjustments. The organization anticipates that construction costs for the facility could increase by approximately 30% compared to initial estimates. This development is significant for residents and those interested in long-term senior living infrastructure in Thailand, as the project is part of the broader 'Silver Eco' initiative aimed at supporting the country's aging population. Currently, the final booking prices for units remain unclear, and further details regarding the revised project scope and financial structure are yet to be confirmed. Stakeholders are advised to monitor official updates from DAD as the project moves through its planning and adjustment phase.
