VES Group
Encyclopedia
VES Group is a holding company
Holding company
A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...

 based in Thailand
Thailand
Thailand , officially the Kingdom of Thailand , formerly known as Siam , is a country located at the centre of the Indochina peninsula and Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the...

. VES is a leading investor in Burma with interests in its main industries of logging, gem mining, jewellery, pearl farming, commercial fishing and tourism. It is also involved in various construction and infrastructire projects in Burma. The group is headed by Vikrom Aisiri
Vikrom Aisiri
Vikrom Aisiri is a Thai businessman and politician. Aisiri is the Thai senator from Ranong province. His business holdings include the VES Group, Phuket Airlines, Andaman Club, a casino cum golf resort on Thahtay Kyun Island in Burma and Dusit Island Resort in Chiang Rai...

, a Thai businessman and politician. Aisiri also owns and operates the Andaman Club
Andaman Club
Andaman Club is a five-star island casino and golf resort in Burma. It is located on 730 ha of Thahtay Kyun Island within the Mergui Archipelago in the Andaman Sea. Directly adjacent to Ranong, in the south of Thailand and to King Bayint Nbung is a region famous for its gems, pearls, flora...

, an island casino cum golf resort on Thahtay Kyun Island
Thahtay Kyun Island
Thahtay Kyun Island, also known as Son Island, is a small Burmese island within the Mergui Archipelago in the Andaman Sea. The island is directly adjacent to Ranong, a city in the south of Thailand and to King Bayint Nbung . The island has been given by the Burmese Government on a long term...

, under a concession from the Burmese government. The group also controls the Dusit Island Resort in Chiang Rai
Chiang Rai
-Demographics:Official Population count: According to the Thailand National Statistical Office, as of September 2010, Chiang Rai municipal district has a population of 199,699...

 and is building a new four star hotel in Ranong
Ranong
Ranong ) is a town in southern Thailand, capital of the Ranong Province and the Mueang Ranong district. The town covers completely the area of the tambon Khao Niwet . As of 2005 it has a population of 16,163, and has town status .The town is located at the estuary of the Pak Chan River, opposite...

. The group also has a long term eco-tourism concession on St. Lukes Island.

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