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AoT says no to foreign ventures

26 Sep 2014 00:40:59

bangkokpost.com

The long-mooted plan by the Airports of Thailand Plc (AoT) to compete for contracts to operate airports abroad is no longer on the radar screen.


The plan, which formed part of the state-controlled airport operator's international business venture aspiration, has received the thumbs-down from its new leaders.


"Of course we have the readiness in terms of expertise and capability to do so, but developing airports at home is our priority," said AoT chairman Prasong Poontaneat.


He added other countries' reluctance to allow overseas entities to operate their airports for security reasons is also an impediment to AoT's access to international ventures.


Mr Prasong has made clear that the current major upgrades of three of the six airports under AoT's control "” Suvarnabhumi, Don Mueang and Phuket "” are its prime focus and keeping it busy.


Read full story: bangkokpost.com

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