Academics suggest AOT to liberalise duty free business

Academics suggest AOT to liberalise duty free business 

By Thai PBS

 

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The state-owned Airports of Thailand (AOT) needs to liberalise its duty free business at Suvarnabhumi and Don Mueang airports when the existing concession contracts awarded to King Power Group are to expire in 2020 and 2022 respectively.

 

The suggestion for AOT to liberalise duty free shop business was made by academics when they debated duty free shop business now monopolised by King Power Group after it was awarded concession contracts to operate duty free shop business by AOT at three airports–Phuket, Suvarnabhumi and Don Mueang–and downtown since 2005.

 

They said liberlisation of duty free business from the existing concession contract to sole operator, to multiple concessions based on category and location, will generate more revenues to the state, and enable competitiveness of  Thai airports to other airports in the region such as Incheon airport in South Korea.

 

Full story: http://englishnews.thaipbs.or.th/academics-suggest-aot-liberalise-duty-free-business/

 
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-- © Copyright Thai PBS 2018-03-09
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