Suvarnabhumi Thai Government
New board of Airports of Thailand to cover up loss during military government took control
Tuesday, April 1st, 2008The Transport Ministry from the elected government has ordered the new board of Airports of Thailand (AOT) to outperform its predecessor in terms of financial returns. The ministry also reiterated the government’s policy to cancel the use of Don Mueang as Bangkok’s second airport and promote Suvarnabhumi as the capital’s single airport. It demanded the board put this policy into practice.
JBIC interested in giving 5.6 Billion Baht loan for Suvarnabhumi Airport extension
Wednesday, March 12th, 2008The Japan Bank for International Cooperation (JBIC) affirmed on Friday it was ready to grant a Bt700 billion loan to finance Thailand’s mega projects.
Speaking after talking to a senior JBIC official, Transport Minister Santi Prompat said the Japanese agency would grant a loan for nine electric train extention routes.
Other countries have also shown interested in extending loans for the Thai government’s mega projects, he said, adding that the Ministry of Finance would accept loans from the source giving the best offer.
Cabinet cancels Suvarnabhumi metropolis project
Sunday, April 8th, 2007Military-installed cabinet accepted the Interior Ministry’s request to withdraw the draft bill on the proposed establishment of a special administrative zone around Suvarnabhumi airport from scrutiny by the Council of State.
The move comes because it was the Thaksin government-initiated project and was blasted in a series of recent polls conducted by the military installed’s ministry.
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