Winning bidder for the airport PPP in Thailand to be announced in May
The winning bidder for the U-Tapao Airport and Eastern Aviation City Development PPP project in Rayong Province is expected to be announced in May. The estimated investment for the project is THB 200 billion (US$6,25 billion).
Thai Government is currently in the process of evaluation of the proposals. The following three bidders submitted their offers for this PPP:
- BBS Joint Venture, which includes Bangkok Airways Public Company Limited (BA), BTS Group Holdings Public Company Limited (BTS), and Sino-Thai Engineering and Construction Public Company Limited (STEC).
- Grand Consortium which consists of Property Perfect Public Company Limited (PF), Christiani & Nielsen (Thai) Public Company Limited (CNT), and Thai Air Asia Co., Ltd. from Asia Aviation Public Company Limited (AAV).
- Thana Holding Co., Ltd. which consists of Thana Holding Co., Ltd., Orient Success International Limited, Italian-Thai Development Public Company Limited (ITD), CH. Karnchang Public Company Limited (CK), and BGRIM Joint Venture Co., Ltd.
The project involves the construction of the second runway and taxiway as well as the third passenger terminal, and the development of aviation-related industries in the airport's vicinity, which include Maintenance, Repair and Overhaul (MRO) facilities, the Aviation Training Center, cargo facilities, Cargo Village, and commercial precinct creating what will be called Thailand's "Eastern Aviation City".
Expansion of the airport is expected to increase the airport´s capacity from three to fifteen million passengers a year by 2022.
U-Tapao Airport project is one of several Eastern Economic Corridor (EEC) projects that will promote Thailand as an important trade hub in Asia.
The objective of the project is to establish the third main international airport in Thailand for business expansions, as well as to better facilitate the establishment of a Special Economic Zone in anticipation of the EEC expansion. In addition, it will serve as a passenger link to Don Muang International Airport and Suvarnabhumi International Airport, while simultaneously supporting growth as a regionally important aviation hub.
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May 07, 2019
Port concession in Thailand to be signed in June
The Industrial Estate Authority of Thailand (IEAT) is speeding the bidding process and set to award the concession agreement with the winning bidder for the Map Ta Phut LNG Port Expansion project in Thailand’s Eastern Economic Corridor development plan by June 4.
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April 29, 2019
The winning bidder for the Airport in Thailand to be announced in May
The Board of Directors of the Eastern Economic Corridor (EEC) has revealed that three consortiums submitted the proposal to be the developer of U-Tapao airport and the Eastern Airport City Project worth more than THB 200 billion (US$ 6.3 billion).
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April 26, 2019
Concession agreement for High-speed rail PPP project in Thailand to be signed in May
The signing of the concession agreement for the THB 225 billion (US $6.8 billion) High-Speed Rail Project linking three major airports is expected to take place before the end of May.
The State Railway of Thailand (SRT) will prepare a draft agreement for the Office of the Attorney General. The final negotiations with the bid winner will be held before May 15 and the plan will be forwarded for cabinet approval before May 28, 2019.
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December 18, 2018
State Railway of Thailand reveals lowest bidder for US$6.8 million high speed rail PPP
The acting governor of the State Railway of Thailand (SRT) has announced that a consortium led by Charoen Pokphand Ground (CP) has submitted the lowest bid to develop a 220km high-speed rail line linking Suvarnabhumi and Don Mueang airports in Bangkok, with U-Tapao, a joint civil-military airport in Rayong province.
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June 25, 2018
Airport expansion PPP launched in Thailand with market sounding
The Government of Thailand has launched the tender of the U-Tapao Airport expansion PPP project with a market sounding session. The event aimed to provide the participants with project information and associated plans and policies, and to invite expressions of interest.
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