Bangkok Airways to increase capital in U-Tapao International Aviation
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Background ✨
U-tapao International Aviation extended the concession project timeline at Utapao Rayong-Pattaya International Airport to Dec-2025 to finalise investment incentives, including tax privileges for the planned free trade zone, under an MoU with Thailand’s Eastern Economic Corridor office.1 Bangkok Airways’ board previously approved increasing its investment in U-Tapao International Aviation by THB4.7 billion, alongside a planned 2023 capital rise from THB4.5 billion to THB15 billion.2