Project Name: Port of Laem Chabang Phase III Port F PPP Investment Project - Thailand

Host Country: Thailand

Project Duration: 2021-2025

Project specification：

The investment is made to construct Wharf F1 and Wharf F2 and the construction mainly covers: 1. Wharf wall structure: 2000m-long and 500m-wide Wharf F1 + Wharf F2, with a water depth of -18.5m, which can handle container vessels with a capacity of 18,000TEUs or above. 2. Container handling area, which covers necessary civil superstructure and port machinery equipment. It is estimated that its annual throughput should not be less than 4,000,000 TEUs. 3. Others i.e. Roads, water supply and fire protection system, sewage system, power supply system, solid waste treatment system, communication equipment and other civil works in the Port Area F, etc. The investor is responsible for the construction, operation and maintenance of the wharfs for a franchise period of 35 years.

Characteristics and Significance of the Project：

Located 127km from Bangkok, the capital of Thailand, and the Port of Laem Chabang is the largest container port in Thailand, accounting for 80% of Thailand’s throughput. This project is one of the key projects in the development plan of the Eastern Economic Corridor (EEC) of Thailand, and also one of the key projects to be realized under the development strategy of “Thailand 4.0”. The target port will be the largest gateway port in Southeast Asia and also the actual destination of the future China-Thailand railway project. It is a core project of Thailand’s national economic development strategy and of great strategic significance.

Since 2018 when it began to promote the participation in bidding, CHEC has successively completed the project in due diligence, feasibility demonstration, decision approval, PPP meaning of ppp negotiation agreement and cooperation negotiation, and finally won the bid. This is the first time that a Chinese enterprise participated in the international bid in the port industry in the form of joint venture and wining the bid, and also the first investment project CHEC successfully won when deepening territorial cooperation in the Thai market, so it is of ground-breaking significance. Besides, it reflects CHEC’s ability to participate in international PPP competitive projects. In the later stage, CHEC will be fully involved in the construction and operation of the project, which will be another important breakthrough in the value chain of port investment, construction and operation after the Lekki Port project in Nigeria.