Major Investor

The definition of Major Investor in the business model known as the Blue Heaven Model of the Maldives in Thailand (MIT) project involves large-scale investment in creating a paradise on an artificial island 10 meters high with crystal-clear, flood-free water.

In this case, the major investor is a single individual, a group of individuals, or a reputable Thai or foreign company with a proven track record of ethical and transparent business operations, and who is interested in the MIT transaction.

The Blue Heaven Model will present 63 real estate investment businesses related to water to smaller investors or interested parties.

1. Purchasing land as compiled by Vicharn Group (VG) and... As per the proposed land sale, the following projects are being considered:

1.1 Purchase individual plots of land, some or all of the 11 plots, or purchase the 3 million rai of land consigned by VG for sale across 47 provinces, without intending to develop an MIT project.

1.2 Purchase some or all of the 11 plots of land and wish for VG to develop an MIT project on each plot for approximately 5 years.

1.3 Invest in acquiring the operating license for an MIT project and operating it independently, with VG acting as a project consultant.

1.4 Own land and wish for VG to construct artificial islands for them.

1.5 Purchase a franchise in the MIT project, with VG acting as a consultant.

1.6 Owners of large amounts of land who are unsure of investment options, finding that holding onto it only results in taxes, or that leasing it for agriculture is insufficient.

1. If the landowner wishes to develop a portion of their inner land into a potentially viable MIT project, which would bring prosperity and increase the value of the outer land plots.

2. Land exceeding 2,000 rai. Or 790.51 Acres

3. The major investor under this point will provide the investment funds. Throughout the time VG acts as the project management contractor:

2. By hiring VG or assigning VG to manage the project, VG will design, control, construct, and manage the central operations, and implement points 3-6 below. For transparency in the work, there will be a system for collecting and recording data on the planned and actual operations, and a warning system for relevant agencies. VG will be required to carry out the following: 1. Construction; 2. Production, to temporarily produce organic agricultural products on vacant land that has not yet been used for the artificial island, utilizing the land effectively and not allowing vacant land to become overgrown with weeds; 3. Central services. All of this can be summarized in reports to be submitted to the investor daily, monthly, and annually, and for verification by representatives of the major investor using Trinity Software, or the Tri-Laksana program, which is adapted from the management system of the Jeep Cherokee service and sales center from America, of Chrysler Thailand Co., Ltd., which has a system to prevent modification and unauthorized alteration of figures or data.

3. The first core business is investment in the design and construction of an artificial island 10 meters high, and the extraction of mud and sand from the land plot where the project is being constructed. To create artificial island land allocations on the mainland, with sizes of 30, 50, 100, and 500 rai or  11.86 Acres  ,  19.76 Acres ,   39.53 Acres , 197.63 Acres , respectively

    the construction time is estimated at approximately 365, 605, 1,175, and 5,720 million baht,  or  11,624,191.50  USD   19,267,495.50 USD   37,420,342.50  USD and 182,165,412.00 USD respectively (฿1 THB = 0.03185 USD) (data from AI, subject to change). Construction time estimates are 2.7 years, 3.3 years, 4.3 years, and 7.6 years, respectively (data from AI, subject to change), to provide permanent flood protection, along with public rainwater ponds and white sandy beaches.

4. The second main business is the design and construction of: 1.) single-family homes and 2.) townhouses on hills within artificial islands.

If, on a 30 rai  or  11.86  Acres  artificial island, tiered houses are built on a 15-meter high hill in a circular shape with 3 layers arranged in a pyramid shape, with a base diameter of 150 meters, the area would be approximately 22 rai. or 8.69 Acres The surface area of ​​each layer would decrease according to the slope of the hill. Generally, the surface area might be approximately 1.5  to 2 times the area of ​​the base. Depending on the slope:

4.1.) 135 single-family homes on 100 square wah or 400 square meters plots can be built. Reducing the common area (roads, gardens, swimming pool): this may result in approximately 110–120 homes [estimated from actual usable area]. Note that this is an AI calculation, and the figures may change during actual construction and depending on the slope of the hill.

4.2.) Approximately 800 to 900, 580 to 650, and 430 to 480 townhouses with usable area of ​​50, 75, or 100 square meters can be built, respectively.

This includes pedestrian walkways and access for electric bicycles or electric golf carts in front of the houses, with sufficient common areas.

5. Sources of Income

5.1 Main income from core businesses 1-2: 1.) Creating artificial island development and 2.) Building single-family homes and townhouses on hills. It is not necessary to invest in the 63 businesses at all. Sales of the developed islands. The selling price can be set at 5 million baht per rai, and significant profits can be generated from the sale of 2-story detached houses, each 100 square wah (approximately 400 sq.m.), and 2-story townhouses with usable space of 50, 75, or 100 square meters per room. As shown in the example document, the profit margin may exceed 100%, significantly higher than the typical 20-25% profit margin seen in housing developments.

5.2 Secondary Income

1. Providing design and construction services to small-scale investors in water-related businesses. There are 63 businesses that small-scale investors are interested in investing in on the allocated artificial islands, such as underwater acrylic glass shelters and 3-star underwater hotels.

2. Leasing of water or land areas, such as floating hotels, restaurants, houses, and offices; leasing entire artificial islands to foreigners or Thais; leasing 11 types of water sports equipment; and floating solar farms.

3. Receiving fees from permits for activities or transactions, such as tolls, rental income from sales areas, and income from organic farming on the land before the artificial island construction, etc.

5.3 Invest like other minor investors in the 63 water-related businesses proposed by TSA, such as investing in a luxury hotel on their own private artificial island. For this artificial island, the major investor does not need to provide common areas or utilities, as VG already provides these on the outer perimeter of the island.

6. Invest in the 63 water-related businesses, some of which the major investor intends to operate independently. This allows them to become minor investors in these areas, enabling them to continue operating small businesses even after the allocation of the artificial island ends within 5 years. The major investor will continue to receive rental income from the remaining water areas or land that remains their ownership indefinitely.

7. Construct public utilities such as a 100 to 140 meter high fountain, roads, drainage systems, garbage collection, security, and common services. 7. Construct a Japanese-style water filtration plant (on a land area of ​​2,000 rai or more). 8. Build an intelligent control room (SCPR) as a center for defense against air and underwater drone attacks (on a land area of ​​5,000 rai or more). The SCPR center may be opened for small investors to operate businesses, with VG responsible for this.

8. Provide central services in accordance with land allocation laws.

9. The project duration is approximately 5 years, after which the common assets will be transferred to the juristic person once the artificial island land allocation project is fully sold.

Experience and expertise:

Construction contracting and design, building and civil engineering inspection, building and civil engineering construction inspection and consulting.