Thai transport minister shakes AOT up ready for listing

Thailand''s New Transport Minister Suriya Jungrungreangkit is shaking up the Airport Authority of Thailand (AOT)in preparation for its IPO early next year.

Board Changes Cut the Military's Influence at AOT. Following the Cabinet reshuffle in early October, the Thaksin Government is continuing with its efforts to jump start its state enterprise privatization programme. Recently, Transport Minister Suriya Jungrungreangkit announced significant changes to the boards of Airports of Thailand Public Co Ltd AOT formerly the Airports Authority of Thailand and the New Bangkok International Airport Company Limited NBIA, which is responsible for developing Suvarnabhumi International Airport, tentatively scheduled to open for business in autumn 2005

At AOT the most significant changes include a reducing the number of board seats from 15 to 12, b removing current Royal Thai Air Force Commander and Air Chief Marshall ACM...

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