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Thai Panel Seeks Reassurance on Airport Operator's Debt-Payment Ability.

Bangkok Post (Bangkok, Thailand)

| November 04, 2002 | COPYRIGHT 2002 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Chatrudee Theparat

Nov. 4--The New Bangkok International Airport Co, which will operate Suvarnabhumi Airport, has been asked to reassure the authorities that it can service its debts.

The company's financial projections will be checked by the National Economic and Social Development Board, which is scheduled to discuss the financial aspects of the project today.

"The airport will cost more than 100 billion baht, a substantial part of which has came from state investment and loans, particularly from the Japan Bank for International Co-operation. But the company's financial plan has yet to be seen," said Chakramon Phasukvanich, the ...

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Source: HighBeam Research, Thai Panel Seeks Reassurance on Airport Operator's Debt-Payment...