BANGKOK – The government will be providing greater support for sports, according to a government official.
Minister of Sports and Tourism Korbkarn Wattanawarangkun stated that a master plan for a sporting business network has been finalized to promote investment and a greater development in various kinds of sports.
When the plan is complete, it is believed that multiple investors will be interested.
The Minister of Tourism and Sports confirmed that the ministry will equally emphasize the development of a variety of sports.
The undersecretary of the Ministry of Tourism and Sports, Pongpanu Sawetroon, has said that Thailand has been implementing the Fifth National Sport Development Plan which was considered a great success.
Sports have been gaining popularity in the kingdom, creating tremendous economic value, especially football, which earns 30-40 billion baht per year.