Contract signed for Laem Chabang Port Phase 3 PPP in Thailand

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

The Port Authority of Thailand (PAT) and GPC International Terminal Ltd. (GPC) have signed a public-private partnership (PPP) contract for the development and operation of the Laem Chabang Port Phase 3, Terminal F project in Chonburi province.

The investment value of the project is THB30.87 billion (US$914.5 million). The project aims to promote the Laem Chabang Port towards the gateway of trade and investment, driving Thailand towards becoming a regional hub and increasing the country’s competitive edge. The contract for construction and operation has a 35-year period. The construction of the first part is planned for 2023, and the port is expected to be finalized and open for commercial operations in 2025.

GPC International Terminal is a joint venture between Gulf Energy Development plc (GULF), PTT Tank Terminal Company Limited (PTT TANK) and CHEC OVERSEA INFRASTRUCTURE HOLDING PTE. LTD. (CHEC OVERSEA). GULF holds a 40% stake, while PPT TANK and CHEC OVERSEA hold 30% of the GPC's shares.

List of the country updates

Country updates

  • November 15, 2021

    Progress in planning stage for Purple Line PPP in Bangkok

    The Mass Rapid Transit Authority (MRTA) in Thailand prepares a tender to invite interested companies for the Purple Line extension PPP project, an electric rail line to connect Tao Poon and Rat Burana...

    Read more
  • October 29, 2021

    Thailand to launch PPP for extension of red MRT line in Bangkok

    The State Railway of Thailand (SRT) has announced plans to extend the red line of the Bangkok mass-transit system. The 53.84 km of the extension will be carried out on the public-private partners...

    Read more
  • October 27, 2021

    Thailand to promote transport PPP project in 2022

    The Transport Ministry of Thailand has announced its plans to promote the projects in the next fiscal year. The plan is worth THB260 billion (US$7.84 billion) and covers a total of 204 km of new roads...

    Read more
  • October 14, 2021

    Thailand to develop power plant and hospital in Songkhla estate

    The Industrial Estate Authority of Thailand (IEAT) has announced plans to launch concessions for the development of power plant and hospital in Songkhla Estate. These infrastructures will attract inve...

    Read more
  • October 04, 2021

    Contracts signed for two roads PPP projects in Thailand

    The Department of Highways of Thailand has signed the PPP agreement with the selected consortium BGSR for the operation & maintenance (O&M) of two intercity motorways. The two roads are the I...

    Read more

Share this update