Thai group wins $9.2bn airport project in key economic zone

Japanese operator Narita tipped to manage soon-to-be refurbished facility

U-Tapao Airport

Thai government plans to ramp up the capacity of U-Tapao Airport to 12 million passengers a year from 2.5 million with the planned third terminal. © Reuters

MASAYUKI YUDA, Nikkei staff writer

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.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.