Laem Chabang tender ready for release
The Port Authority of Thailand (PAT) will begin distributing the terms of reference of the third phase of Laem Chabang Port's development on November 5 before receiving bids early in January 2019, according to the national news agency NNT.
The third phase is expected to be operational within five years and “will increase the port’s capacity to accommodate containers from 11.1m units per year to 18.1m units per year and cars from two million units per year to three million units per year,” NNT said.
The Thai Cabinet has already approved the public-private partnership model for this phase.
“The construction of Laem Chabang Port will take five years to complete with a tentative opening in 2023-2024. More than 20 Thai and foreign companies have expressed interest in investing in the project whose EHIA is expected to be approved in December this year,” NNT added.
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