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AOT to spend Bt393 billion on expansion of six airports

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AOT to spend Bt393 billion on expansion of six airports

By THE NATION

 

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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

 

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

 

 

 

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

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.

 

 

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!

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.

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