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Home›Business development›EXCLUSIVE: Land reclamation for Laem Chabang Port nears end
Business development

May 30, 2024 · about 2 years ago

EXCLUSIVE: Land reclamation for Laem Chabang Port nears end

The Port Authority of Thailand (PAT) provided an update on the progress of the Laem Chabang Port Phase 3 project today, saying that they are currently expediting infrastructure work, land reclamation, and utility systems. The CNNC joint venture is expected to complete land reclamation by June, PAT s

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EXCLUSIVE: Land reclamation for Laem Chabang Port nears end

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The Port Authority of Thailand (PAT) provided an update on the progress of the Laem Chabang Port Phase 3 project today, saying that they are currently expediting infrastructure work, land reclamation, and utility systems.

The CNNC joint venture is expected to complete land reclamation by June, PAT said.

Afterward, the stability of the reclaimed land will be inspected before handing it over to the GPC joint venture for further construction of the F1 terminal, expected to be completed by 2025, with the entire project finishing by 2026.

For infrastructure, including buildings, berths, roads, and utilities, China Harbour Engineering Co., Ltd. won the bid but has yet to sign the contract due to an appeal.

PAT is also preparing to open bids for two additional public investment sections, including railway construction and procurement, assembly, and installation of cargo handling equipment.

Laem Chabang Port Phase 3 is a public-private partnership under the Eastern Economic Corridor (EEC) development plan.

PAT is responsible for 47% and the private sector for 53%. The project has a 35-year concession period and, once completed, is set to increase container capacity from 11 million TEUs per year to 18 million TEUs per year.

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