Airports of Thailand Public Company Limited (AOT) held the event "AOT Property Showcase: The Six Pillars of Opportunity" to unveil the potential of prime areas around six airports nationwide, aiming to develop aviation cities and attract private sector investment to create new economic hubs covering a total of 2,512 rai, with an investment value of 28.8 billion baht, in support of Thailand's drive to become an Aviation Hub of the region.

Ms. Pawina Jariyathitipong, Deputy Executive Director (Engineering and Construction Division) and Acting President of AOT stated that the event 'AOT Property Showcase: The Six Pillars of Opportunity' marks a significant step in advancing AOT's vision to develop and manage airports to a global standard, focusing on enhancing service quality and safety while generating balanced revenue alongside real estate development in high-potential areas. This platform aims to invite investors and entrepreneurs to explore business opportunities in the commercial areas surrounding AOT's six airports: Suvarnabhumi Airport, Don Mueang Airport, Chiang Mai Airport, Mae Fah Luang Chiang Rai Airport, Phuket Airport, and Hat Yai Airport, totaling 46 plots and covering over 2,512 rai, with a project development value exceeding 28.8 billion baht. These areas will be available for development under long-term lease agreements, with concessions lasting up to 30 years, on both leasehold and freehold land owned by AOT, to accommodate various investment projects such as logistics centers, warehouses, hotels, convention centers, shopping malls, hospitals, sports facilities, as well as residential and modern smart city projects. With strategic locations adjacent to major roads, near airports, and connected by national infrastructure, these areas are poised to become new business centers and tourism activities, aligning with the government's policy to propel Thailand into becoming an Aviation Hub in the Asia region. This project will serve as a crucial driver in creating new economic hubs in various regions of the country, generating both direct and indirect employment, enhancing the value of the local economy, and boosting the competitiveness of Thai airports on an international level. AOT is ready to welcome collaboration from investors and business partners to co-create these opportunity spaces.

The six pillars of investment opportunities include both leasehold and freehold land, with a total of 46 high-potential plots covering 2,512 rai nationwide. Of these, 73% are leasehold areas leased from the Treasury Department, while the rest are freehold areas owned by AOT, comprising:

  • Suvarnabhumi Airport (BKK): 4 plots of "Airport Business" totaling 548 rai (Leasehold) located within the airport, close to public transport hubs, connecting to Suvarnabhumi Road 4 and Suvarnabhumi Road 2, just 9 minutes from the passenger terminal. Plots A2, B, C, and D are suitable for Medical Hub & Wellness Center / Convention Hall & Exhibition Center / Hotel & Residential Area, and 7 plots of "Airport Service and Support Center" (Freehold) totaling 462 rai, with roads and elevated bridges connecting from outside to Suvarnabhumi Airport, accessible via Ladkrabang-Wat Sriwari Noi Road with 4 lanes, just 15 minutes from the passenger terminal, suitable for Logistics & Transportation Hub, agricultural product management center, Hotel & Residential Area.
  • Don Mueang Airport (DMK): Junction Building with 12,000 sq.m. of commercial space, 3 levels of parking accommodating over 1,000 parking spaces, with ongoing development projects for hotels and additional parking buildings.
  • Chiang Mai Airport (CNX): 3 plots of prime land totaling 19 rai (Leasehold) located on Chiang Mai-Hang Dong Road, just 13 minutes from the passenger terminal, in a community area and provincial transport station, suitable for Hotel & Residential Area / Office & Business Center / Commercial & Lifestyle Complex.
  • Mae Fah Luang Chiang Rai Airport (CEI): Large beautiful plot of land totaling 762 rai located at the airport, just 5 minutes from the passenger terminal, conveniently connected to the city via roads, suitable for Hotel & Residential Area / Office & Business Center / Commercial & Lifestyle Complex / Premium Outlet / Logistics & Transportation Hub.
  • Phuket Airport (HKT): 7 prominent plots totaling 192 rai (Freehold) near Thepkrasattri Road, a prime location leading into Phuket city, just 6 minutes from the passenger terminal, accommodating various development activities such as Hotel & Residential Area / Convention Hall & Exhibition Center / Medical Hub & Wellness Center.
  • Hat Yai Airport (HDY): 4 large plots and 15 smaller plots totaling 502 rai (Leasehold), with land available for development both inside and outside the airport, connected to major roads linking the city and the airport, just 5 minutes from the passenger terminal, suitable for Hotel & Residential Area / Office & Business Center / Commercial & Lifestyle Complex / Logistics & Transportation Hub.

During the event, a panel discussion was held on the topic "Golden Opportunities in AOT Real Estate: Steps Towards Becoming an AVIATION HUB," featuring Mr. Yongyuth Chaipromprasit, Independent Director and Chairman of the Risk Management Committee of AOT, who shared insights on enhancing the capabilities of each airport and strategies for generating balanced revenue from developing vacant land around AOT's six airports, highlighting the investment opportunities in the form of "long-term land leases" that the private sector can utilize for various projects such as shopping centers, warehouses, hotels, sports facilities, and premium housing. He also emphasized the importance for interested investors to prepare across multiple dimensions, such as long-term business planning, financial management, understanding the requirements and processes of real estate development on state land, and the ability to design projects that meet market demands and future urban directions to become a regional Aviation Hub.

Mr. Sirom Dungrat, Deputy Executive Director (Business Development and Marketing Division) of AOT also revealed AOT's new strategy focusing on the intelligent use of assets under the concept of "Creating Added Value from Assets," which aims to generate income from existing assets unrelated to aviation operations, while addressing urban growth, travel hubs, and logistics connectivity. AOT has set appropriate land rental rates starting from 4 baht/sq.w/month to 240 baht/sq.w/month, along with necessary public utilities, leasing rights, and flexible business models to allow both domestic and international private sectors to participate under a transparent, flexible, and fair system. AOT is ready to facilitate direct information access without intermediaries, including organizing Property Tours to allow interested parties to visit actual sites along with essential information about locations, projects, and rental rates to enhance understanding and confidence in investment decisions.

Dr. Kirida Phaophichit, Director of the TDRI Economic Intelligence Service at the Thailand Development Research Institute also exchanged in-depth economic insights, emphasizing the potential of airport-adjacent properties to stimulate regional economies and distribute investment centers, highlighting opportunities for tourism and services, which remain a critical hope for the Thai economy, transitioning from quantity-based tourism to quality-based tourism that emphasizes added value and sustainability.

The "AOT Property Showcase: The Six Pillars of Opportunity" event aims to create new economic centers while enhancing the competitive potential of the country's aviation business by providing opportunities for the private sector to invest in developing areas around airports, which can distribute job creation opportunities for the population in all areas and generate sustainable returns for all stakeholders, while also meeting the comprehensive needs of service users, reinforcing AOT's leadership in world-class airport management and instilling confidence in travelers worldwide about Thailand's readiness to be the regional aviation hub. For those interested in high-potential land plots around the six airports nationwide, further information can be obtained from the AOT Property Management Department at Tel. 0 2132 2031, 0 2132 2190.