Thailand Company News

AOT Dispute with ITD-led Joint Venture

The Airports of Thailand, Thailand’s top airport operator said in a filing to the stock exchange yesterday that it received a statement of claim from the Thai Arbitration Institute (TAI), in which a joint venture led by the Italian-Thai Development (ITD) demanded it to pay Bt7,070.69m and 568.77m plus interests in compensation in connection with construction contracts of passenger terminal building and concourse at Suvarnabhumi International Airport. (SET)

ThaiVest Editorial Team