Mr. Siriwat Towachirakul, President of AOT Ground Aviation Services Company Limited (AOTGA), informed Kaohoon about the selection of public-private partnership (PPP)’s third operator for airplane ramps and ground support equipment and cargo terminal services at Suvarnabhumi Airport.
Due to the expiration of the second and third operator for airport apron and other services at Thailand’s Suvarnabhumi Airport, Airports of Thailand Public Company Limited (SET: AOT), as an operator of the national airport, is opening a bidding for the spot with the third operator to be bidded before the second.
The selection process comprises three stages based on the proposal that the bidder submitted including qualification, technical and bidding value. Mr. Siriwat stated that AOTGA has passed the qualification process along with BAGS Ground Services Company Limited. So far, the second stage of technical performance has been reviewed, but yet to be announced.
AOTGA estimated that the process would take two weeks. Following the approval for the second stage, the company will present its operation process to the selection committee. Then, the committee will proceed with the final stage; the bidding. The company anticipated that the committee will make a selection this coming August.
Regarding the projects’ value, their combined total is THB 67.3 billion, with the airplane ramps and ground service equipment project worth THB 29.39 billion, while the cargo terminal service project worth THB 37.91 billion.
Mr. Siriwat anticipated a THB 4 billion of CAPEX to fund two projects, which the company is well prepared for, both in terms of cash flow and credit for the financial institute’s loaning.
As for the selection for the second operator for the both projects, Mr. Siriwat stated that the AOTGA also expressed its interest in participating. Nonetheless, it is necessary for the selection for the third operator to complete before the consideration from the selection committee to allow the company participating in the bidding for the second operator.
The value of the cargo terminal services project for the second operator is THB 15.25 billion, while the airplane ramps and ground support equipment service’s value is about THB 9 billion.
AOTGA is a joint venture between AOT, holding 49% of the company’ shares, and SAL Group (Thailand) Co., Ltd., holding 51%. SKY ICT Public Company Limited (SET: SKY) holds 46.8% in SAL Group.
