About Us
Company Overview
Company Name
Palau International Airport Corporation (PIAC)
Shareholders
Japan Airport Management Partners Co., Ltd.: 51%
*intermediate holding company:
-Sojitz: 45.5%
-Japan Airport Terminal: 30.3%
-JOIN: 19.0%
-Nippon Koei: 5.2%
Republic of Palau: 49%
Establishment Date
August 11th, 2017
Representative
Manabu Yoshida, President/CEO
Hideshi Oshimo, Vice President/COO
Head Office
P.O.Box 1726, Koror, Republic of Palau, 96940
TEL: (680)587-1181/1182/1183
Business Activities
Operation and management of terminal building, etc.
Renovation and expansion of current terminal building
PIAC Logo
Palau International Airport as a motif, expresses the excitement and uplifting feeling of travelling to Palau, with endless emerald green sea and awaiting time in dream destination. The design images airplane reflecting on sea flying toward Palau. Using the two colors of national flag, the two curved lines each show fine nature and culture of Palau, and, bringing together the memory of the precious time in Palau.
History
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2015-2016:
JICA PPP-Feasibility Study
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February 2016:
Leadership Meeting
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May 2017:
Congress Approval from OEK
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August 7th, 2017:
Signing of Joint Venture Agreement
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August 11th, 2017:
Establishment of JV Company
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August 21st, 2017:
Signing of Concession Agreement
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April 14th, 2019:
Handover Ceremony
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December 17th, 2021:
Start of Operation at New Terminal Building (Departure Terminal)
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February 28th, 2022:
Completion of All Construction Work
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May 8th, 2022:
Grand Opening Ceremony
Image of New Terminal Building in 2020
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