Two projects under Eastern Economic Corridor (EEC) development plan in Thailand to be signed this month

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

Two projects included in Eastern Economic Corridor (EEC) development plan: Map Thaput deep-sea port project and the high-speed rail project linking Suvarnabhumi, Don Mueang and U-tapao airports with the estimated investment of THB 55,400 (USD 1,690) and THB 225,000 (USD 7,202.25) respectively are scheduled for signing with the preferred bidders this month.

Bangkok-Eastern Economic Corridor High-speed rail PPP project involves the development of a 220km high-speed rail line, which will link Suvarnabhumi and Don Mueang airports in Bangkok, and U-Tapao, a joint civil-military airport built during the Vietnam War which serves the Eastern Economic Corridor, an area that encompasses the provinces of Rayong, Chachoengsao and Chonbur. Completion is scheduled for 2023. The PPP contract term will be 50 years, including five years of construction and 45 years of operation and maintenance. The winning consortium for this project is lead by Charoen Pokphand Group (CP). The consortium includes China Railway Construction Corporation, Bangkok Expressway and Metro, Italian-Thai Development, Ch. Karnchang and Japan Overseas Infrastructure Investment Corp for Transport and Urban Development. EEC has already ordered the State Railway of Thailand to deliver land plots to the winning consortium to expedite construction. 

Map Thaput deep sea port PPP project involves the development of a deep sea mega-port located near Pattaya, along the eastern coast of the Gulf of Thailand. The project covers an area of nearly 435 acres. The winning consortium for this project is PTT Global represented by PTT Global Chemical and Gulf Energy Development. 

Deputy Prime Minister of Thailand said that only these two of the total five projects under the EEC will be settled within this government. The other three will be handled by the new government.

List of the country updates

Country updates

  • May 23, 2019

    Thai cabinet to review the draft agreement for the Bangkok-Eastern Economic Corridor High-speed rail PPP project

    The Thai Cabinet is set to review the draft agreement between the preferred bidder (PB) and the State Railway of Thailand for the Bangkok-Rayong High-Speed Railway (HSR) project on May 28.&n...

    Read more
  • May 17, 2019

    Banks to sign MoU for Eastern Economic Corridor project

    The Eastern Economic Corridor (EEC) office in Thailand is set to sign a memorandum of understanding (MoU) with China Development Bank (CDB) and Japan Bank for International Cooperation (JBIC) for fina...

    Read more
  • May 10, 2019

    Winning bidder for the airport PPP in Thailand to be announced in May

    The winning bidder for the U-Tapao Airport and Eastern Aviation City Development PPP project in Rayong Province is expected to be announced in May. The estimated investment for the project is THB 200...

    Read more
  • May 08, 2019

    Port concession in Thailand to be signed in June

    The Industrial Estate Authority of Thailand (IEAT) is speeding the bidding process and set to award the concession agreement with the winning bidder for the Map Ta Phut LNG Port Expansion project...

    Read more
  • April 30, 2019

    U-Tapao Airport in Thailand winning bidder to be announced in May

    The Board of Directors of the Eastern Economic Corridor (EEC) has revealed that three consortiums submitted the proposal to be the developer of U-Tapao airport and the Eastern Airport City Project wor...

    Read more

Share this update