Map Ta Phut port located in Rayong is expected to have its third phase of expansion using the 1,000 rai plot of land that has been reclaimed by the government. This investment will cost 11 billion baht. It is not surprising since hotels such as Holiday Inn Hotel in Rayong and other establishments are popping up in the province. It is only right that the economy should be improved in time with tourism.
According to IEAT or Industrial Estate Authority of Thailand, they are responsible for the management of the Map Ta Phut Industrial Estate and they are planning to publish the reference terms in the middle of the year. This is intended for private firms who are hoping to be a part of the expansion project wherein the partnership scheme will be between public and private firms.
The contract is expected to be available by November to be signed by the IEAT and the construction of the third phase expansion is schedule to start in 2024.
Veerapong Chaiperm of IEAT said that Map Ta Phut’s deep sea port is in aimed to help assist further expansions in the future as stated by the EEC or Eastern Economic Corridor scheme of the government.
He added that the port will handle the exports as well as the imports within the industrial estate and those coming from various industrial parts covered by the EEC namely the provinces of Rayong, Chon Buri and Chachoengsao.
Mr. Veerapong revealed that the government is going to perform further land reclamation, clean out all watercourses and create embankments.
There are also other projects lining up such as the construction of two wharves to be used for liquid goods while liquefied natural gas will have three wharves to utilize. Five wharves is designated by the IEAT with 400 rai of land space and an additional 150 rai will be used for the wharf that will manage containers as well as service cargo.
The port is considered to be the largest of all petrochemical hub found in Southeast Asia. This will further improve the economy of the province aside from hotels like Holiday Inn Hotel in Rayong which accommodates a lot of tourists yearly.