The Industrial Estate Authority of Thailand (IEAT) expects its third-phase development of the Map Ta Phut deep-sea port in Rayong will be completed in 2027, ready to serve investment in the Eastern Economic Corridor (EEC).
“The construction of a sand dam has progressed by 71%; land reclamation is 61% finished and the building of an embankment to protect the shoreline against waves is 39% done,” said Veeris Ammarapala, governor of the IEAT.
He was updating Prime Minister Prayut Chan-o-cha on the construction work of the third-phase Map Ta Phut deep-sea port project when the premier recently led his entourage to visit the area.
The development of the port covers a total area of 1,000 rai under an investment budget of 55 billion baht.
It is among major infrastructure development projects in the EEC, which will become a high-tech industrial hub, covering parts of Chon Buri, Rayong and Chachongsao provinces.
Other projects include a high-speed rail system linking three airports, U-tapao aviation city and the third-phase development of Laem Chabang deep-sea port in Chon Buri.
“The prime minister was happy to hear that Map Ta Phut deep-sea port in the third phase will start operation as planned,” said Mr Veeris.
Once the infrastructure development is completed, the IEAT will co-develop a new dock to facilitate the transport and storage of liquid goods, including liquefied natural gas.
The investment is made through a public-private partnership (PPP) with Thai Tank Terminal.
Thai Tank Terminal is a joint venture between PTT Global Chemical Plc and Royal Vopak NV, which specialises in tank and storage facilities.
Source: Bangkok Post
