Prime Minister Prayut Chan-o-cha and Airbus Commercial Aircraft president and chief operating officer Fabrice Bregier at the MoU signing ceremony (Photo: Bangkok Post)Bangkok (VNA) – Thai governmental agencies and investmentorganisations are working with public and private partners to turn Thailandinto Asia’s next major aviation centre.
Public and private aviation figures showThailand as a potential aviation hub rival to Singapore with passenger trafficin Asia–Pacific forecasted to triple in the next two decades.
Recently, the Thai Ministry of Transportpublished a development plan for 2017–2031, focusing on the construction of aMaintenance, Repair, and Overhaul (MRO) centre for Thai Airways and developingdesign and manufacturing capacitiy in the country’s aviation industry.
It is part of a large-scale government plan to increasepublic and private industrial capabilities around manufacturing embeddedelectronics, smart cars, robotics and other technologies.
According to the Board of Investment ofThailand, new investment in the aviation sector rapidly increased duringJanuary–October last year, showing the country is getting closer to its targetof becoming a major aviation hub in Asia. A total of 22 projects of foreignaviation companies with investment of 22.9 billion THB (649 million USD) wereregistered during the period.
Aviation is one of ten sectors targeted by theThai government for economic growth.
Thai Airways Internationals and AirbusIndustries Group on March 8 signed a memorandum of understanding to evaluatethe development of the MRO facility at U-Tapao International Airport insouthern Thailand.
Earlier, President of the Airports of ThailandPublic Company Limited (AOT) Nitinai Sirismatthakarn said the company hasformulated a 10–year plan for the improvement and development of six majorairports with estimated budget of 200 billionTHB (5.6 billion USD)
AOT currently has six international airports:Don Meuang, Phuket, Chiang Mai, Hat Yai, Chiang Rai and Suvarnabhumi.-VNA
Public and private aviation figures showThailand as a potential aviation hub rival to Singapore with passenger trafficin Asia–Pacific forecasted to triple in the next two decades.
Recently, the Thai Ministry of Transportpublished a development plan for 2017–2031, focusing on the construction of aMaintenance, Repair, and Overhaul (MRO) centre for Thai Airways and developingdesign and manufacturing capacitiy in the country’s aviation industry.
It is part of a large-scale government plan to increasepublic and private industrial capabilities around manufacturing embeddedelectronics, smart cars, robotics and other technologies.
According to the Board of Investment ofThailand, new investment in the aviation sector rapidly increased duringJanuary–October last year, showing the country is getting closer to its targetof becoming a major aviation hub in Asia. A total of 22 projects of foreignaviation companies with investment of 22.9 billion THB (649 million USD) wereregistered during the period.
Aviation is one of ten sectors targeted by theThai government for economic growth.
Thai Airways Internationals and AirbusIndustries Group on March 8 signed a memorandum of understanding to evaluatethe development of the MRO facility at U-Tapao International Airport insouthern Thailand.
Earlier, President of the Airports of ThailandPublic Company Limited (AOT) Nitinai Sirismatthakarn said the company hasformulated a 10–year plan for the improvement and development of six majorairports with estimated budget of 200 billionTHB (5.6 billion USD)
AOT currently has six international airports:Don Meuang, Phuket, Chiang Mai, Hat Yai, Chiang Rai and Suvarnabhumi.-VNA
VNA
