Korea Airport Corporation seeks PPP contract for Laos’ Luang Prabang airport

Korea Airport Corporation has, during the last few years, been noted for developing a deep interest in operating airports in South America - specifically Ecuador.

But it has also had its eye on the main chance in Southeast Asia where it feels it can add value.

Having just completed a feasibility study for the expansion of Laos' second largest airport, in its main tourist city, it is now seeking a formal PPP contract with the Laotian government.

Laos may need to replace its usual main source of tourists, from China, and one potential benefit of a deal with KAC is an economic spin-off, which might result in Korean firms investing in Laos.