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Development plan of Suvarnabhumi Airport

Direct News Source

08-Dec-2009 Airports of Thailand Public Company Ltd (AOT) had previously informed that the Board of Directors at the Meeting No. 16/2008 held on Friday, August 22, 2008 resolved to approve of the Development Plan of Suvarnabhumi Airport (SA) Phase 2 (fiscal year 2009 – 2014) with investment budget of Baht 77,885.777 Million (including 10% contingency, 7% VAT and interest during construction of Baht 4,146.000 Million) to increase the SA’s capacity to accommodate a continuous increase in air traffic volume in an adequate and effective manner.

The implementation of the plan was essentially based on the hypothesis that low cost carriers (LCCs), both domestic and international, would operate at Don Mueang International Airport on a voluntary basis, thereby increasing the SA's capacity to handle 60 million passengers until 2018.

On March 16, 2009, however, the Meeting for following up civil aviation operations presided by the Minister of Transport, later resolved that the Ministry of Transport should return the matter relating to an application for approval of Development Plan of the SA Phase 2 to the Company to further improve the plan to be in accordance with the actual condition and priority order of construction, causing a delay in the schedule of the plan. As the air traffic volume and future growth potential of the SA could handle passengers only until 2010, therefore, to alleviate congestion during the execution of the next phase of Development Plan of the SA which would take approximately 7 years to be completed, the Board of Directors at the Meeting No. 12/2009 held on

Thursday, October 29, 2009 resolved to approve of the construction of Domestic Passenger Terminal Building at the SA (fiscal year 2010 - 2013), totaling Baht 9,133.520 Million (including 10% contingency and 7% VAT). The construction would enable the SA to increase its passenger capacity from 45 to 65 million passengers per year.

However, the construction of Domestic Passenger Terminal Building at the SA (fiscal year 2010 - 2016) could alleviate congestion only for a certain period as it was expected that the main Passenger Terminal Building would be congested from 2014 onwards.

Therefore, the Board of Directors, at the Meeting No. 14/2009 held on Tuesday, December 8, 2009 at the Board of Directors Meeting Room, 7th Floor, Head Office Building, has resolved to approve of the Development Plan of the SA (fiscal year 2010 - 2016) with investment budget of Baht 76,504.577 Million (including 10% contingency, 7% VAT and interest during construction

of Baht 2,764.800 Million) to increase the SA's capacity from 65 million passengers per year (45 million international passengers and 20 million domestic passengers per year) to 80 million passengers per year (60 million international passengers and 20 million domestic passengers per year), which would be adequate to accommodate passengers and air traffic volume until 2019. The plan includes the construction and improvement of facilities to handle continuously increasing air traffic volume in an adequate and effective manner, thereby enabling Thailand to maintain its position as Southeast Asia's aviation hub.