Thai Airports Eye Doubled Commercial Revenue as Land Lease Rules Eased
Airports of Thailand (AOT) anticipates its commercial revenue from regional airports to double by 2027 (BE 2570). This projection follows an agreement with the Treasury Department, which eases restrictions on leasing airport land for commercial development.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Bangkok Floods Intensify Scrutiny of Water Management System
Prolonged flooding in eastern Bangkok, particularly Lat Krabang, for over 10 days has intensified scrutiny of the city's water management system and Governor Chadchart Sittipunt's administration, with a review of large water-retention projects drawing criticism.
- Thai Airways Signs 50-Year U-Tapao MRO Lease for 10 Billion Baht Project
Thai Airways International has signed a 50-year lease for 210 rai at U-Tapao Airport to develop a major aircraft maintenance, repair, and overhaul (MRO) center, with an estimated investment of 10 billion baht. The project, slated to begin operations in 2030, is a key component of the Eastern Economic Corridor (EEC) development and aims to boost Thailand's aviation industry competitiveness.
- Chao Phraya River Floods Bang Pain, Water Reaches 1.8m; Residents Evacuate, Military Assists
The Chao Phraya River has overflowed in the Bang Pain district of central Thailand, with water levels reaching 1.8 meters. Residents have taken shelter along roadsides, fearing further increases, while the military is building bridges in the rain to assist them.
- Gulf Expands LNG Portfolio with ADNOC Supply Deal
Thai energy giant GULF has signed a multi-year LNG supply agreement with UAE's ADNOC, securing nearly 2 million tonnes annually starting 2027 to bolster its Asian LNG trading business.