Wednesday, September 30, 2020

King Power to be granted Don Mueang duty-free concession

Dec 23. 2019
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By THE NATION

The Airports of Thailand board agreed on Monday (December 23) to grant King Power Duty Free Co a duty-free concession at Don Mueang International Airport, AOT president Nitinai Sirismatthakarn said.

The concession would last for 10 years and six months beginning on October 1, 2022, Nitinai said. 

He added that King Power offers a minimum guarantee in the first year of more than Bt1.5 billion (excluding VAT), which is higher than the amount AOT had expected to gain in the last year of the concession.

Both are expected sign a contract next month.

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