Cabinet knocks compensation for Laem Chabang Port Phase 3 at 2.9 billion baht

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Expand view Topic review: Cabinet knocks compensation for Laem Chabang Port Phase 3 at 2.9 billion baht

Cabinet knocks compensation for Laem Chabang Port Phase 3 at 2.9 billion baht

by limited » Thu Apr 08, 2021 2:30 am

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News reports from the Government House revealed that the Cabinet Meeting approved the minimum financial compensation that the government would receive from the Laem Chabang Port Development Project Phase 3. Net present value (NPV) at 29,050 million baht and variable concession fee of 100 baht per TEU.
The Office of the Eastern Economic Corridor Development Policy (SorPor. Por.) Reported that the GPC Joint Venture Group proposed a fixed concession fee at the net present value (NPV) of 12,051 million baht and a variable concession fee of 100 baht. TEU, which is lower than the benefits expected by the government according to the Cabinet Resolution on October 30, 1958, the value of NPV approximately 32,225 million baht.


However, due to the situation of the spread of COVID-19 infection. Expect future containers of a downward trend Including the trend that the Port Authority of สล็อตเอ็กซ์โอ Thailand (PAT) will be able to save investment in the project in the area of ​​marine construction. And the construction of buildings, wharfs, road systems and public utilities And if there is a new selection of the private sector, it will affect the opening of the terminal F, which may be delayed up to 2 years, resulting in the risk that Laem Chabang Port will not be able to handle the volume of the cargo through the port.


As well as the limitations in supporting large cargo ships at the port at present And in the event that the reclamation is completed but there is no immediate joint investment in building a berth, PAT will have to pay expenses for maintaining and repairing the structure as well.


At the cabinet meeting In addition, the assignment of SCO. To consider the appropriateness of setting additional return sharing conditions in case of higher than expected container volume. So that the benefits to the state will be close to the one the Cabinet has approved. It also urged PAT to undertake the development project of Laem Chabang Port Phase 3 strictly according to the plan. Monitor the operations of the selected private sector to meet the goals And can make the transport of goods Back to close to the amount previously approved by the Cabinet. This is to allow the Laem Chabang Port Development Project Phase 3 to support the gateway to link industry and trade with neighboring countries according to the government policy.


The GPC Group consists of Gulf Energy Development Public Company Limited (GULF), PTT Tank Terminal Company Limited (PTT TANK) and China Harbor N. Engineering Co., Ltd.

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