Agreed to build Port B3, B4, B5, Laem Chabang Port.

Miscellaneous


The PPP Committee agreed to build Port B3, B4, B5, Laem Chabang Port, investing 18 billion baht and adjusting the joint investment plan for 2020 – 2027 worth 1.19 trillion baht.

Mr. Chulaphan Amornvivat, Deputy Minister of Finance Vice Chairman of the Public-Private Joint Investment Policy Committee Chaired the meeting of the Public-Private Partnership Policy Committee (PPP Committee) No. 1/2024, approving the principles of the joint investment project for Ports B3, B4 and B5, Laem Chabang Port. The Port Authority of Thailand (PAT) allows the private sector to invest in, manage, and operate container terminals with an investment value of 18,382 million baht in the PPP Net Cost format. The private sector is responsible for investing in equipment, tools, and cargo-handling technology. Including accepting the risk of project income. with compensation being paid to the government sector

In addition, the PPP Committee also approved the improvement of the joint investment project plan 2020 – 2027 (Joint Investme
nt Plan) to be consistent with the readiness of each project and up to date in the PPP format, totaling 135 projects worth Total 1.19 trillion baht (increased from the original joint investment plan, which had 127 projects with a total value of 1.17 trillion baht). The joint investment plan It will be a clear framework for the preparation of PPP projects and will help create interest and attract more private investors to invest in government projects. In addition, the PPP Committee has also expedited various joint investment projects. which have high economic value or affect the public at large. -515- Thai News Agency

Source: Thai News Agency