BANGKOK — The Thai government has appointed a local consortium to refurbish an airport in the east of the country in a project worth 290 billion baht ($9.2 billion) despite uncertainties around the aviation industry crippled by the coronavirus outbreak.
The renewal of U-Tapao International Airport owned by the Royal Thai Navy is the largest of the government’s five key infrastructure projects in the special economic zone, known as the Eastern Economic Corridor.
The consortium will build a third passenger terminal for the airport which spans 10.4 sq. kilometers. The consortium will also construct a commercial complex, a ground transport center, a maintenance, repair and overhaul center, a cargo complex, and an aviation training center. The project is expected to be completed by 2023.
The consortium consists of regional carrier Bangkok Airways, urban railway developer BTS Group Holdings and construction giant Sino-Thai Engineering and Construction.
The contract between the consortium and the Eastern Special Development Zone Policy Committee is scheduled to be signed at a ceremony on June 19.
EEC Office Secretary-General Kanit Sangsubhan said Narita International Airport has been picked to manage the refurbished U-Tapao Airport, although the Japanese airport operator said the deal had not been finalized and the parties were still in talks.