PAT developing Laem Chabang Port as a world-class facility
The Port Authority of Thailand (PAT) is creating a top-tier port by advancing the third phase of Laem Chabang Port's development, located in Chonburi province.
This upgrade is a crucial component of the public-private collaboration within the Eastern Economic Corridor (EEC) initiative.
With the project's budget set at 114 billion baht, PAT contributes 47% and the private sector provides the remaining 53%. This focus on the F port will have a five-year concession.
The investment splits into marine construction, infrastructure for the building, port, roads, and utilities, railway system development, and the integration of equipment for cargo handling, alongside IT systems for port and central infrastructure management.
PAT has contracted the marine construction of this phase to CNNC Joint Venture, featuring NTL Marine Co, Nathalin Co, and China's Zhonggang Construction Group, with NTL Marine being a subsidiary of Prima Marine Plc, a Thai maritime logistics leader.
According to PAT director-general Kriengkrai Chaisiriwongsuk, the joint venture has submitted both the first and second reclaimed areas, expecting to deliver the third by June. The F1 area will go to a private company by late 2025, targeting overall completion in 2026.
As of January, CNNC Joint Venture reported 19.51% progress with significant resources and manpower on the job. PAT mandates continuous progress reporting aligning with Prime Minister Srettha Thavisin's orders for diligence and investor confidence, as emphasized during his visit on November 4, 2023.
The port's enhancements will elevate its capacity from 11 million to 18 million TEU and support annual vehicle throughput from 2 million to 3 million. This expansion aims to increase rail transport's share in the country's total to 30% and introduce automated cargo management, positioning Laem Chabang Port as a key maritime hub and trade gateway in line with Thailand's regional aspirations.
With the project's budget set at 114 billion baht, PAT contributes 47% and the private sector provides the remaining 53%. This focus on the F port will have a five-year concession.
The investment splits into marine construction, infrastructure for the building, port, roads, and utilities, railway system development, and the integration of equipment for cargo handling, alongside IT systems for port and central infrastructure management.
PAT has contracted the marine construction of this phase to CNNC Joint Venture, featuring NTL Marine Co, Nathalin Co, and China's Zhonggang Construction Group, with NTL Marine being a subsidiary of Prima Marine Plc, a Thai maritime logistics leader.
According to PAT director-general Kriengkrai Chaisiriwongsuk, the joint venture has submitted both the first and second reclaimed areas, expecting to deliver the third by June. The F1 area will go to a private company by late 2025, targeting overall completion in 2026.
As of January, CNNC Joint Venture reported 19.51% progress with significant resources and manpower on the job. PAT mandates continuous progress reporting aligning with Prime Minister Srettha Thavisin's orders for diligence and investor confidence, as emphasized during his visit on November 4, 2023.
The port's enhancements will elevate its capacity from 11 million to 18 million TEU and support annual vehicle throughput from 2 million to 3 million. This expansion aims to increase rail transport's share in the country's total to 30% and introduce automated cargo management, positioning Laem Chabang Port as a key maritime hub and trade gateway in line with Thailand's regional aspirations.
