Airports of Thailand Plc (AoT) plans to organise a bid by the end of this year to find a concessionaire to develop one of two major plots of land adjacent to Suvarnabhumi airport for commercial purposes, in an investment project worth about 10 billion baht. Due to interest in the project, the AoT is planning to conduct a forum to listen to business ideas from those interested in developing the land, he said. The other parties include the Treasury Department, which owns the land, the Royal Thai Air Force and the Department of Airports. Only the concession to develop Plot B, worth 10 billion baht, will be provided via the bidding process this year, he said. Plot A is waiting for the reassignment of colours according to a city zoning plan which is still underway.

Source: Bangkok Post May 23, 2019 12:52 UTC