Latest PhaNgan airport thread...

[Jose]

Why was it deleted without warning?

[Jose]

"After spending 200 million baht of his own seed money to develop the country's third privately owned airport, the 46-year-old businessman from Phatthalung province will seek external funding sources and joint-venture partners to expedite the project.

Although saying he could go solo on the venture, he reckons it would be good to have partners whose business concept is compatible with his _ a sustainable business that does not place profitability on top.

Mr Somphong said he is prepared to offer a 30-40% stake in the Phangan airport project, whose ultimate cost was recently revised to 900 million baht, to partners _ local, foreign or both _ subject to negotiation."


So now we know why the hill-flattening has stopped - run out of funds.

[angiud]

As most of you already know, the Bangkok Post doesn't allow link and/or citations of their contents. This is why the last thread has been deleted.

Moreover, a threat on the KPG airport is already running here.

Closed