EXIM Thailand Renders 900 Million Baht Loan to AEROTHAI for Aviation Industry Promotion

Announcement date 04 December 2024
EXIM Thailand Renders 900 Million Baht Loan to AEROTHAI for Aviation Industry Promotion
Dr. Rak Vorrakitpokatorn, President of Export-Import Bank of Thailand (EXIM Thailand), and Dr. Nopasit Chakpitak, President of Aeronautical Radio of Thailand Ltd. (AEROTHAI), recently signed a credit facility agreement worth 900 million baht at AEROTHAI’s Head Office. The loan aims to enhance AEROTHAI’s liquidity and expand its services, improving its capacity to accommodate the continuously growing number of domestic flights.

EXIM Thailand President said that this financial support aims to strengthen Thailand’s aviation industry, ensuring that it remains a key driver of economic growth. AEROTHAI plans to enhance its capabilities in air traffic management services, benefiting the cargo transport business, tourism industry, as well as trade and investment. These efforts align with the government’s policy to position Thailand as a regional aviation hub, while advancing the nation’s air transport infrastructure and contributing to sustainable development.