THAILAND INVESTMENTS Samui Airport Fund Strikes Gold
Back of tourism's recovery and increasing growth in 2010, the Samui Airport Property Fund looks to be a solid investment. Unlike Phuket International Airport which falls under the custody of the Government run Airports of Thailand (AoT), Koh Samui is a private operation.
Established in late 2006, the fund has offered guaranteed annual returns of 6%, with key revenue streams being landing, and parking fees along with passenger surcharges. Bangkok Air which operates the airport owns 30% of the fund.
Looking at 6% returns these look increasingly attractive back of shrinking interest rates and volatility in the wider SET (Stock Exchange of Thailand).