The government has moved to extend commercial land lease terms at 28 regional airports to as long as 30 years in a move aimed at attracting private investment and generating more revenue from airport operations.
Deputy government spokeswoman Lalida Persvivatana said the initiative forms part of efforts to expand the role of airports operated by the Department of Airports (DoA) beyond aviation services and develop them into regional transport, tourism and business hubs.
She said the Transport Ministry and the DoA have been working to increase revenue from both aeronautical and non-aeronautical activities at regional airports. The agencies have also worked with domestic and international airlines to promote new domestic, cross-regional and international routes to improve connectivity and support economic activity in surrounding areas.
