More Vocational Options through new Building

 Hello everyone!

Greetings from Thailand, today we would like to give you an update about our New Building Project as things have been moving ahead quickly in the last weeks.

In the last year, Thailand’s economy has been devastated by the effects of the Covid-19 crisis, mainly the drop of tourist numbers from around 40 Million to basically nothing.  Hoping for some decline in real-estate prices, we have taken this opportunity to review additional properties besides the one next to our current building that was our favorite.   We reviewed 100s of properties online and physically viewed 6 properties in detail that were within our price range and location requirements.  

The result of our reviewing these properties showed that the “building next door” is still the one best suited to accomplish both our long and short term vision for Tamar Center.   Since the “ball is in our court” in the negotiation process with the owner, the Building Leadership team has recently spent hours in discussions about our next steps.  We have decided to pursue this building and have asked the Board of our Foundation for permission to negotiate a final deal with the owner.    As soon as we receive the permission, we will contact the owner and hope to negotiate a deal within the month of July.

Currently, we have raised 11 Million THB and our plan is to purchase the building in cash with the help of an interest free loan from our foundation. If you would like to see the total budget for this project, please drop us on email and we will sent it to you. Once we have ownership of the building, we will continue our fundraising and start the renovations as the needed money is raised. All incoming funds will be split into renovations and repayment of the loan.  Every donation helps us finish the building and use it for our vocational training and counseling needs for the women and children in Pattaya.

Thank you for your interest in our work here in Pattaya and we hope that you are as encouraged as we are about the new building finally getting realized! As soon as we have finalized our negotiations we will drop you a quick email here.

 Thanks!