Connect with us

Business

Airports of Thailand open bidding for new duty free contracts at three airports

Published

 on 

Airports of Thailand (AoT) says they will finalise the bidding process to announce who will manage the commercial areas at three provincial airports – Phuket, Had Yai and Chiang Mai – on June 10.

King Power Duty Free has had a stranglehold on the duty free concession areas of the country’s four main airports but are having to bid for a renewal this year in a field of new retail bidders.

Wichai Bunyu, the senior executive vice president of AoT says today they opened up bidding for the private sector to submit its qualifications and technical and business plans to manage the commercial and tax-free areas of the three airports.

The committee will review the qualifications of the bidder, their technical and business plans and, if they make it that far, will then have their bid price revealed on June 10. He says the committee will announce the winner for all three provincial airports on that day. The winner would then be proposed to the company’s board for consideration on June 19.

King Power has already been re-awarded the concession at Suvarnabhumi Airport. Its bid guaranteed a return to AoT of over 2 billion baht per year

King Power Duty Free was among the four groups to purchase an auction envelope. The next group was Bangkok Airways who joined with South Korea-based Hotel Lotte and Bangkok Airways Holding. The third group was Royal Orchid Hotel jointly bidding with Empire Asia Group and WDFG UK. The final group was Central Department Store bidding with DFS Venture Singapore.

According to the bid rules, up to 80 per cent of the score will focus on the technical and business plan, with the remaining 20 per cent based on the monetary return to the AOT.

SOURCE: The Nation

 

Get more from The Thaiger

Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

The Thaiger is Thailand's largest online portal for news, videos and information.

Follow Thaiger by email:

Video4 hours ago

Siam Paragon Bangkok International Fashion Week 2022

Thailand6 hours ago

Thailand News Today | Flash flooding to hit every region of Thailand

Thailand6 hours ago

Off-duty officer fires shots & fights with Bangkok cabbie

Sponsored14 hours ago

Starting a business and obtaining SMART Visa in Thailand is easy with Startup Booster

Thailand6 hours ago

Venomous snake emerges from parcel at sorting office in Thailand

Technology7 hours ago

Line Man Wongnai now Thailand’s largest tech startup

Thailand7 hours ago

Customer buys brand new Honda PCX motorbike with coins in eastern Thailand

Join the conversation on the Thaiger Talk forums today!
Drugs8 hours ago

Drug chase ends in flipped car, 6 million spilled Yaba pills

Thailand8 hours ago

169 Thai police officers dismissed for serious violations

World8 hours ago

Edward Snowden received Russian citizenship

Thailand9 hours ago

American told to stop riding go-kart in Chiang Mai

Thailand9 hours ago

Thailand legalises abortion up to 20 weeks

Coronavirus (Covid-19)10 hours ago

Nasal spray to prevent Covid hits stores October 1

Crime10 hours ago

China backs Philippines online gambling crackdown

Crime10 hours ago

Foreign gang allegedly extorts Russian couple of crypto worth US$50k in Thailand

Events12 hours ago

Meatfest will host meat cooking and eating contests in Pattaya

Thailand1 year ago

Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14

Thailand2 years ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism2 years ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket2 years ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism2 years ago

Phuket Thai food treats you need to try | VIDEO

Thailand2 years ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism2 years ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand2 years ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand2 years ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand2 years ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand2 years ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand2 years ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand2 years ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand2 years ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand2 years ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Trending