Govt speeds up feasibility study into spaceport plan

The government is speeding up a feasibility study into a spaceport so it can make money from space-related industries, says spokeswoman Tipanan Sirichana.

Prime Minister Prayut Chan-o-cha has ordered officials to expedite the plan so the country can gain benefits from the space business, she said on Sunday.

The Geo-Informatics and Space Technology Development Agency began the study last year and is expected to complete the research in the next two years.

An initial study showed Thailand has the potential to build a spaceport due to its geographical location near the equator, which will assist rocket launches, she said.

Thailand also has two coastal sites on the Andaman Sea and the Gulf of Thailand that…