The Port Authority of Thailand (PAT) has announced that the first day for private companies to submit bids for the Laem Chabang Port Development Project Phase 3, valued at 140 billion baht, will take place on November 5. Two companies have already expressed interest, while eight foreign firms are also keen but have requested to keep their names confidential for now.

According to sources from the Port Authority of Thailand (PAT), November 5 marks the first day that private companies interested in the Laem Chabang Port Development Project Phase 3 can submit their bids for the Terms of Reference (TOR) documents, which will be open from November 5 to November 19. On the first day, a total of 10 companies expressed interest in participating in the bidding process, including 8 inquiries and 2 requests to purchase the TOR documents, consisting of one Thai company and one joint venture between Thai and foreign firms.

However, among the 8 companies that called to inquire and expressed their intention to purchase the TOR documents, most are foreign companies, including both large investment groups and firms already managing ports within Laem Chabang. It is expected that this bidding process will attract significant interest from major companies in Asia, including those from Singapore, Japan, North Korea, Hong Kong, and China. Notable companies that have previously shown interest include Shanghai International Port Group (SIGP) and China Merchants Group.

Additionally, other investment groups that have submitted proposals include the Port of Singapore Authority (PSA), Hutchison Port Holding from Hong Kong, and Dubai Ports World, among others. The PAT is unable to disclose the names of the bidders at this time due to regulations from the Eastern Economic Corridor (EEC) committee, which stipulates that names must be revealed simultaneously on the final day of the TOR sale.

Thank you for the information from www.thaipost.net