The Industrial Estate Authority of Thailand (IEAT) has expressed optimism in relation to the third phase of development of the Map Ta Phut deep-sea port in Rayong, scheduled to be completed by the year 2027. The port, seen as a strategic asset for Thailand’s infrastructure, is also a key part of ongoing development in the Eastern Economic Corridor (EEC), a high-tech industrial hub that stretches over parts of Chon Buri, Rayong, and Chachoengsao provinces.
It has been reported that the expansion of the Map Ta Phut port progress is well underway. The construction of a sand dam has progressed by 71%; land reclamation is 61% completed, and the building of an embankment to protect the shoreline against waves is 39% done. The third-phase development project encompasses an area of a total of 1,600,000 square meters with an investment of THB 55 billion (USD 1.55 billion).
Upon the completion of these infrastructure projects, IEAT plans to co-develop a new dock at the Map Ta Phut port. The purpose of the dock is to enhance the transportation and storage of liquid goods, including liquefied natural gas (LNG). The dock will be developed by a joint venture that falls under the public-private partnership (PPP) agreement with the Thai Tank Terminal. This company is itself a partnership between PTT Global Chemical Plc and Royal Vopak NV, which specializes in tank and storage facilities.
(Sources: The Thaiger, Bangkok Post)
