Both the light rail and tunnel projects remain open to bidders after Thailand's Cabinet gave in-principle support on Phuket last month to a range of developments for which funding has yet to be approved.
This means that actual endorsement of the projects remains years away and dependant on the availability of funds, as well as the current government staying in power.
The Hong Kong-based JS Rock Capital Ltd had visited Phuket many times and established itself as a leading candidate, Mayor Pian said today after the would-be developers first met with Phuket Governor Tri Augkaradacha in Phuket City, on the other side of the island to Patong.
A light rail system or a monorail are among the options for the routes from Phuket International Airport to Phuket City and Chalong Circle.
JS Rock Director Dale Andresen said today that the monorail could continue to Patong through the Patong Tunnel if both projects won simultaneous approval and funding.
Critics of the light rail or monorail project fear that if the projects are privately funded - as will be necessary unless the government pledges a budget rather than simply approving the concept - travel on the transport will be too costly for locals.
The safety advantages are obvious yet none of the bidders for the multi-billion baht projects have explained how the monorail or light rail will be more efficient and and less costly for locals than a tram or a tram-bus network.