
Corporate Profile
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Company Overview
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Company Name
  Palau International Airport Corporation (PIAC)
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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%
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Establishment Date
  August 11th, 2017
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Representative
  Manabu Yoshida, President/CEO
Hideshi Oshimo, Vice President/COO
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Head Office
  P.O.Box 1726, Koror, Republic of Palau, 96940
  TEL: (680)587-1181/1182/1183
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Business Activities
  Operation and management of terminal building, etc.
  Renovation and expansion of current terminal building​​​
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PIAC Logo
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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.​​​
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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​​​
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Image of New Terminal Building in 2020
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