King Power International has been declared highest bidder for the duty free concessions at Phuket, Chiang Mai and Hat Yai International Airports.
The result, announced by Airports of Thailand (AoT) today (10 June), represents further goods news for King Power which is in pole position to retain its Bangkok Suvarnabhumi International Airport duty free concession.
As reported, King Power was competing against the same private companies which bid for the recent Bangkok Suvarnabhumi International Airport duty free concession.
These are Bangkok Airways Company Limited, which is a joint venture comprising Bangkok Aviation, Hotte Lotte and Bangkok Airways Holdings and Royal Orchid Hotel (Thailand) and Royal Orchid Hotel (Thailand). The latter is a joint-venture consisting of Empire Asia Group, WDFG UK and Royal Orchid Hotel (Thailand).
Wichai Bunyoo, AOT’s Senior Executive Vice President (Business Development and Marketing) said that AOT distributed submission documents between 5 – 25 April 2019 and that four companies registered their interest.
The fourth company was the Central Department Store Company Limited, but it turned out that only the three aforementioned participants actually submitted proposals.
In the meantime, King Power must wait for approval from AOT’s Revenue Review Committee and the AoT Board of Directors before both tender triumphs can be officially confirmed. This is expected to take place on 19 June.