Blockchain
Capital Trust Group Proposes a $200 Billion Smart City Development Along Thai Canal
Summary: Capital Trust Group is an emerging digital asset platform. Recently, the company is pleased to announce its new proposal of a $200 Billion Smart City.
Auckland, New Zealand–(Newsfile Corp. – March 4, 2023) – Capital Trust Group Limited, a significant investment management firm, has announced its involvement in the Thai Canal Project, a groundbreaking initiative that is set to transform the country’s economic landscape. The project involves linking the Gulf of Thailand and the Andaman Sea via the Kra Isthmus in southern Thailand, potentially and drastically reducing travel times as well as streamlining the heavily trafficked trade routes.
The Thai Canal Project has been on the cards for over 300 years, but now, the Project Founding Members believe the time is right to bring it to fruition. Despite the Thai Government’s rejection of the original canal plan, the Project Founding Members are determined to make their vision a reality and have created a groundbreaking concept that will bring a “Smart City” to life. This $200 billion endeavor will prioritize net zero emissions, making it an exemplar of sustainable, low-carbon living. The intent is to couple the proposed Smart City with the proposed Canal Project to create a social, environmental and economical ecosystem with enough national and international benefits to outweigh the disadvantage of building the Canal.
To facilitate investment in the project, Capital Trust Group will establish an escrow fund at a Swiss bank account exclusively for institutional investors who wish to become early stakeholders.
The coupling of the proposed Smart City with the proposed canal would have a snowballing effect, first on the aggregated economic value of the Canal Project, second on the overall prosperity of Southern Thailand, and third on the balanced economic rise of Thailand. The new Smart City next to or close to the Canal would become a new major city and a new hub of commerce and integrated industries domestically and internationally. The business and job opportunities as well as the distribution of wealth geographically would be much more balanced than ever before.
Leading the charge is Mr. Sitipon Charoenkajonkul, a Thai businessman and the Chairman of Best Bonded Warehouse Co.,Ltd. and Best Ocean Golf Co.,Ltd., which owns Asia’s first Private Jet Residence Project.
Consequently, the Thai Canal Project represents a paradigm shift in sustainable development, and its success will undoubtedly have far-reaching implications for the region and beyond. The Project Founding Members are inviting all institutional investors who share their vision of a more prosperous, sustainable, and inclusive future than ever for Thailand and the world, to join them in making history.
About the Company – Capital Trust Group (CTG)
Capital Trust Group (CTG) is a primary investment management firm that provides a range of investment management services to institutional investors worldwide. Established in 2011 and headquartered in Auckland, New Zealand, CTG has grown to become a globally investment management firm, specializing in wealth management, asset management and fund management by utilizes an asset tokenization platform to create new blockchain-based products and manage day-to-day digital asset operations.
For further information, visit: https://www.ctgportal.com
Media Details:
Company Name: Capital Trust Group Limited
Contact Person: Peter Wises
Tel: +64 9-889 9076
Company email: [email protected]
Company website: https://www.ctgportal.com
Country name: New Zealand
Facebook: https://www.facebook.com/ctgclub
Telegram: https://t.me/ctgprime
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/157065
Fincover
Switzerland is set to host the highly anticipated Swiss WEB3FEST Winter Edition 2025, an unparalleled event series on innovation, investments and collaboration within the WEB3 ecosystem. Organized by Inacta Ventures, the event will unfold across iconic Swiss locations: Zug, Zurich, St. Moritz, and Davos, from January 13 to January 24, 2025.
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What is the WEB3FEST?
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The Swiss WEB3FEST Winter Edition is taking place across Zug, Zurich, St. Moritz, and Davos during the World Economic Forum. It is designed to explore specific topics each day, connect the thriving Crypto Valley and Crypto Oasis ecosystems, and bridge diverse regions through meaningful collaboration. Attendees will have the opportunity to engage with thought leaders, pioneers, and visionaries in the blockchain space, fostering an environment of innovation and networking. Now in its 5th edition and the 2nd Winter Edition, WEB3FEST continues to be an important cornerstone for those looking to connect with global stakeholders, investors, and innovators in the world of Web3.
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The investor events are co-created with Ordway Selections, a private investment office from Switzerland, to connect the participating early-stage investors, VCs and private equity institutions with outstanding investment opportunities.
Event Highlights
January 13, 2025
Kick-Off Night – Launch Swiss WEB3FEST with a dynamic networking evening at SHED Zug.
January 14, 2025
The Green Block Talks – Explore sustainability in AI and WEB3 at Trust Square, Zurich.
January 15, 2025
Crypto Valley Afterwork – Engage with innovators over cocktails at SHED Zug.
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January 21, 2025
WEB3 Investor Circle – Connect with investors during a private dinner in Davos.
January 22, 2025
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OnlyFriends Party – Connect with WEB3 leaders in a lively, exclusive setting also at the House of Trust.
January 24, 2025
Shark Island – Witness groundbreaking startup pitches in a live treasure hunt at SHED Zug.
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