Siam Amazing Park suffered nearly 500 million baht in flooding damage. Owner Dr. Chaiwat Luang-ammornlert may sell the entire business for 10 billion baht if he cannot secure financing or government assistance. Repairs could take three to six months before reopening.
Key Points
Siam Amazing Park Flooding Impact
• Siam Amazing Park owner Dr. Chaiwat Luang-ammornlert considers selling the business for 10 billion baht after Bangkok’s worst flooding caused nearly 500 million baht in damage
• Almost all park rides were submerged; flooding also caused animal losses and affected employee income
• Unable to afford repairs alone, the owner seeks bank financing and government assistance; repairs could take 3-6 months
Park Details
• Major amusement and water park covering 300 rai in Khan Na Yao district, Bangkok
• Opened November 19, 1980, as Siam Park City; features water slides, roller coasters, and nearly 40 rides and attractions
• Known for its large artificial sea recognized by Guinness World Records
Recovery Efforts
• Staff working around-the-clock to pump water from the park, which has dried out
• Owner continues visiting the site to monitor recovery efforts
• Park hopes to eventually reopen pending sufficient financial assistance
Catastrophic Flooding and Massive Financial Impact
Siam Amazing Park has suffered devastating damage from Bangkok’s worst flooding in history, with losses estimated at nearly 500 million baht. Dr. Chaiwat Luang-ammornlert, the park’s chairman and founder, announced on October 3rd that almost all rides were completely submerged and severely damaged by floodwaters. Beyond the physical infrastructure, the flooding caused significant losses involving park animals and negatively impacted employees’ income. Dr. Chaiwat expressed the emotional toll of witnessing the destruction, stating he had been unable to sleep for seven days after observing the damage to what he had built over many years.
Potential Sale and Recovery Challenges
Facing substantial repair costs that he cannot afford alone, Dr. Chaiwat is exploring bank financing and government assistance to restore the park. However, if adequate support cannot be secured, he has indicated his willingness to sell the entire business for 10 billion baht, which would include all rides and employees. Currently, staff members are working continuously to pump water from the park, which has now dried out. Dr. Chaiwat remains actively involved in monitoring recovery efforts on-site, demonstrating his commitment to assessing the full scope of restoration needed.
Historical Significance and Recovery Timeline
Siam Amazing Park, formerly known as Siam Park City, is a major regional attraction covering approximately 300 rai in Khan Na Yao district, Bangkok. Since opening on November 19, 1980, the park has evolved from a water park into a comprehensive entertainment complex featuring nearly 40 rides and attractions, including water slides, roller coasters, and an internationally recognized artificial sea acknowledged by Guinness World Records. Despite the current crisis, the park aims to reopen following recovery efforts, though Dr. Chaiwat estimates repairs and restoration could require three to six months to complete.
Source : Siam Amazing Park owner may sell business for 10 billion baht after floods
