SUVARNABHUMI
AMORNRAT MAHITTHIROOK
The Airports of Thailand (AoT) board will attempt to negotiate with the King Power International Group to stop legal action after agreeing again yesterday that its original Suvarnabhumi airport contracts were acceptable. The board held a closed-door meeting yesterday and reaffirmed the two contracts entered into with King Power did not come under the Public-Private Joint Venture Act, which requires approval from the National Economic and Social Development Board and in-depth scrutiny for contracts valued at more than one billion baht, a source said.
AoT's previous board under the Surayud government ordered King Power to cease operations at the airport after allegations it broke the contracts by claiming more space than it was allowed.
The board resolved to cancel the two contracts, saying they were illegal because they were not screened under the Public-Private Joint Venture Act.
King Power retaliated with a 68.9-billion-baht civil lawsuit.
The source said the board yesterday concluded King Power's investment in commercial area and duty-free development at Suvarnabhumi were valued at less than one billion baht each.
The meeting confirmed the company exceeded its contracted commercial space, but not by as much as an investigation headed by former police chief Pratin Santiprabhop found during the Gen Surayud administration.
The 10-year lease allotted 5,000 square metres to the duty-free shops and 20,000sq m for commercial areas.
The duty-free shops now occupy 10,080sq m. Pol Gen Pratin's team quoted 11,820sq m. The commercial areas cover 21,000sq m, while Pol Gen Pratin put them at 28,000sq m. The source attributed the sharp drop to King Power's removal of outlets which blocked fire exits.
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