AOT to spend Bt393 billion on expansion of six airports

[rooster59]

AOT to spend Bt393 billion on expansion of six airports

By THE NATION

 

 

Airports of Thailand (AOT) will spend Bt393 billion on the expansion of six airports as part of its investment plan for 2017-33, the company’s president, Nitinai Sirismatthakarn, said.

 

The plan, already approved by the board, aims to boost the airports' capacity to serve a total of 243.7 million passengers.

 

The budget covers the construction of a passenger terminal in the north of Suvarnabhumi Airport, which will boost the airport’s capacity by another 40 million passengers per year.

 

It also covers phase 3 of Don Mueang Airport’s expansion and phase 2 of the Chiang Mai Airport expansion.

 

He added that AOT could afford the huge investment, due to its financial strength.

 

Presently, AOT runs six international airports: Don Mueang, Phuket, Chiang Mai, Hat Yai, Chiang Rai and Suvarnabhumi.

 

Source: https://www.nationthailand.com/business/30378403

 

-- © Copyright The Nation Thailand 2019-11-17

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[legend49]

This was news 3 months ago. But still no details of what infrastructure is in the expansion.

[steven100]

2 minutes ago, legend49 said:

This was news 3 months ago. But still no details of what infrastructure is in the expansion.

these things take time as they do in your home country I would imagine.

 

 

Edited November 17, 2019 by steven100

[30la]

It is really strange how in Thailand we react to negative news!
There are billions of Baht to invest in a tourism in decline that has no chance of recovering!

[Srikcir]

8 hours ago, rooster59 said:

He added that AOT could afford the huge investment, due to its financial strength.

 

Presently, AOT runs six international airports: Don Mueang, Phuket, Chiang Mai, Hat Yai, Chiang Rai and Suvarnabhumi.

Yes, placing the nation's top airports under a single operator gives that operator a financial stranglehold in any negotiations or operational issues with the State.