Treasury Senior Complex Completion Expected in 2030

Prachachat•Economy•7h ago

Reader Briefing

Thailand's Treasury Department is revitalizing its Senior Complex project in collaboration with Ramathibodi Hospital, with adjusted plans and a projected completion year of 2030.

•The Treasury Department and Ramathibodi Hospital are moving forward with the Senior Complex project.
•The project, which has been underway for six years, targets elderly housing and healthcare.
•Completion is anticipated in the year 2030, with adjusted project scope and conditions.
•Lowering the age eligibility for senior housing from 60 to 55 years old is proposed.

Overview

•The Senior Complex project has been in development for six years.
•The Senior Complex project is proceeding after a period of stalled progress due to contractor issues.
•The project involves two land plots: one managed by Ramathibodi Hospital for a hospital and senior housing, and another by the Thai Building and Land Property Company for senior apartments.
•Construction on the first plot by Ramathibodi Hospital has progressed about 20% on foundation structures but stalled due to a contractor abandoning the work.
•If approved by the cabinet, Ramathibodi Hospital must find a new contractor; the Thai Building and Land Property Company will also commence construction on their plot.
•Initially planned with 6 buildings and 800 units, reservations exceeded capacity, but approximately 20% of reservations have been canceled over six years.
•New conditions will be adjusted due to increased construction costs, requiring booking holders to reconfirm their reservations.
•The age requirement for senior housing is proposed to be lowered from 60 to 55 years old.

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Source: Prachachat (Original)

Key Quotes

Akkarut

"The integrated senior housing complex will follow procedures: seniors will stay in Thai Building and Land Property Company's apartments, if unwell sent to Ramathibodi Hospital's senior complex, and if severe, taken to the hospital."

โครงการศูนย์ที่พักอาศัยสำหรับผู้สูงอายุแบบครบวงจร หรือซีเนียร์คอมเพล็กซ์ จะเป็นไปตามขั้นตอน คือผู้สูงอายุจะเข้าพักในห้องชุดของธพส. หากไม่สบายจะส่งไปที่ศูนย์ซีเนียร์คอมเพล็กซ์ของโรงพยาบาลรามาฯ และหากมีอาการหนักจะนำส่งโรงพยาบาลต่อไป

Key Entities

Organization

Treasury Department(ธนารักษ์)ℹ️

The government organization advancing the Senior Complex project.

Ramathibodi Hospital(รพ.รามาฯ)ℹ️

The hospital collaborating on the Senior Complex, responsible for building a hospital and senior residences.

Cabinet(ครม.)ℹ️

The government body that needs to approve the adjusted Senior Complex project details.

Thai Building and Land Property Company (BPN)(ธพส.)ℹ️

The company responsible for constructing senior apartment units within the Senior Complex project.

Person

Akkarut(นายอัครุตม์)

An official quoted in the article who explained the operational procedures of the Senior Complex.

Director-General of the Treasury Department(อธิบดีธนารักษ์)

The official who commented on the Treasury Department's independent elderly housing projects.