Wachirawit Ongkhana

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Representation of the Government of Thailand, Office of the Eastern Economic Corridor (EEC) in the public private partnership (PPP) agreement to develop the Laem Chabang Port Phase 3 Terminal F, for a period of 35 years. This port is designed to service the transport of goods between Thailand and ASEAN countries. GPC International Terminal Company Limited (“GPC”), a joint venture company in which Gulf Energy Development Public Company Limited holds equity interest of 40% with PTT Tank Terminal Company Limited and CHEC OVERSEA INFRASTRUCTURE HOLDING PTE. LTD. holding equity interests of 30% and 30%, respectively, has entered into a PPP contract with the Port Authority of Thailand to develop and operate the Laem Chabang Port Phase 3, Terminal F project, which is located in Tungsukla subdistrict, Sriracha district, Chonburi province, with GPC’s investment cost of THB 30,871 million (USD 926 million). This project is the largest size PPP port project in terms of value. It serves to enhance the capacity of the world-class port for the future increasing international sea freight and to develop this port to be the hub of the Indochina sub-region and gateway for the greater Mekong sub-region. The agreement was signed on 25 November 2021.