IEAT set to sign contract for Rayong’s Map Ta Phut port Phase 3
The Industrial Estate Authority of Thailand (IEAT) aims to sign a contract with the bid winner to build Phase 3 of Map Ta Phut port in Rayong worth Bt55.4 billion in September.
The winner is Gulf-PTT Tank consortium of Gulf Energy Development and PTT Tank Terminal.
State authority governor Somchint Pilouk said the IEAT has already submitted a revised draft contract for the consideration of the Eastern Economic Corridor Policy Committee chaired by Prime Minister Prayut Chan-o-cha.
Phase 3 of the Map Ta Phut port development – the first stage of development – is one of five key EEC projects. It is expected to go into operation in 2025.
Source: https://www.nationthailand.com/business/30373846
