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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_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

  • 2015-2016:

  JICA PPP-Feasibility Study

  • February 2016:

  Leadership Meeting

  • May 2017:

  Congress Approval from OEK

  • August 7th, 2017:

  Signing of Joint Venture Agreement

  • August 11th, 2017:

  Establishment of JV Company

  • August 21st, 2017:

  Signing of Concession Agreement

  • April 14th, 2019:

  Handover Ceremony

  • December 17th, 2021:

  Start of Operation at New Terminal Building (Departure Terminal)

  • February 28th, 2022:

  Completion of All Construction Work

  • May 8th, 2022:

  Grand Opening Ceremony

Image of New Terminal Building in 2020

image of new terminal

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image of new terminal

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