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Third Gateway Airport For Greater Bangkok

Author: Bill Barnett. Category: Real Estate. Posted: 1st Jul 2015

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The decision by the government to develop U-Tapao as a third gateway for Greater Bangkok should be a strong boost for the Eastern Seaboard.

Airlift is a dynamic driver of demand as the current malaise in Pattaya's real estate sector with Eastern European property buyers gone missing in action, the longer term development is good news.

U-Tapao will see an extensive upgrading of its existing facility and development of a new passenger terminal.

A new highway link is also in the works.

The mid-term goal of the airport is five million annual passengers.

For Phuket there remains a shroud over any longer term plans for a second airport in Phang Nga to relieve the current island airlift challenges.

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