CHEC has successfully won the bid for the PPP Investment Project in Laem Chabang Port Phase III Area F, Thailand, with a total investment of about 1.01 billion US dollars. The franchise period of the project is 35 years, and the total construction period is 4 years.

 

Laem Chabang Port, 127km from Bangkok - Capital of Thailand, is the largest container port in Thailand, accounting for 80% of the countrys total output. As a key project of Eastern Economic Corridor (EEC) Development Plan of Thailand, this project is also one of the key projects to realize "Thailand 4.0" Development Strategy. It is envisioned to be the largest gateway port in Southeast Asia and the substantial destination of the future China-Thailand Railway Project. Thus, it is a prime project of Thailand's national economic development strategy and is of great significance.

Since 2018 when it began to participate in the bidding, CHEC has successively completed due conscientiousness, feasibility demonstration, decision examination and approval, PPP agreement negotiation and cooperation negotiation of the project, and finally won the bid.