Expansion[edit]
On 15 December 2011 Airports of Thailand (AOT) announced to speed up the second phase expansion of Suvarnabhumi Airport to 2016, one year ahead of its scheduled completion in 2017. An investment of 62.5 billion baht ($1.95 billion USD/€1.49 billion EURO) is being planned for the second phase, according to then Transport Minister Sukampol Suwannathat. The plan is to strengthen Suvarnabhumi Airport's position as a regional aviation hub. Phase Two would raise the airport's capacity to 65 million passengers a year and should also be undertaken in parallel with the construction of the new domestic terminal.[36] Earlier transport Minister ACM Sukampol Suwannathat gave the green light to Airports of Thailand (AoT)'s plan to carry out the expansion of Suvarnabhumi airport with the construction of a new domestic terminal. The new domestic terminal will be capable of handling 20 million passengers a year. Estimated cost is 9.2 billion Baht.($2.96 billion USD/€2.04 billion EURO) The two expansion projects are part of the overall airport enlargement that would see Suvarnabhumi raise its annual passenger handling capacity to 125 million passengers, 90 million international and 35 million domestic passengers by 2024 at an estimated cost of 163 billion baht.($5.25 billion USD/€3.62 billion EURO) The expansion includes the construction of one additional runway from two at the present, subsequent enlargement of domestic and international terminals and improvements to parking bays, car parks and other airport infrastructure.