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Korat growth boom will accelerate

Looks like the current development of the city of Nakhon Ratchasima (short: Korat) is going to shift in an even higher gear. The city closest by my Thai residence already was in a growth spurt, with one mall drastically expanded, a second about to open and rumours about a third and a forth going ’round. A high-speed train connection between Bangkok and Korat has already been planned previously, now a second to Khon Kaen will be announced, as well as a nog highway to Bangkok. The local real estate market already grows about 10-15% every year, which will more than likely even accelerate. Impressive.