The plot of land which was recently reclaimed by the government of Thailand spans 1,000 rai will be used for the expansion planned for Map Ta Phut port. The expansion will be for the third phase of the port in Rayong and the money invested for the project is 11 billion baht. This is a good sign in the growing economy of Rayong aside from it becoming more popular with tourists. There are many guests visiting the province because they prefer wedding venue in Rayong than any other part of Thailand.
Map Ta Phut Industrial Estate is currently under the management of the IEAT or Industrial Estate Authority of Thailand. The agency decided that this month they are going to talk with interested private firms regarding the terms of the project. These firms are going to be a part of the expansion project which will fall in a partnership scheme between public and private firms.
The agency is also hoping to be finalized and signs the contract before the year ends in order for the third phase to be available for operation when 2024 comes.
An official from IEAT, VeerapongChaiperm, said that the current port was made to accommodate any future expansions as it has already been decided during the development of the EEC scheme by the government.
He added that the industrial estate will be able to cater exports as well as imports much like the same as other industrial parks that are located within the provinces covered by the EEC such as Rayong, Chon Buri and Chachoengsao
The government is also planning to perform a number of tasks related to the project including creating embankments, reclaiming lands and dredging all available watercourses.
A separate project is intended to create two wharves that will handle all liquid goods while three wharves are going to be reserved for liquefied natural gas. For five wharves, a total land area of 400 rai will be given by the government while an additional 150 rai will be reserved for containers and service cargo.
The development of the port is expected to further improve the province’s economy in addition to it being known for wedding venue in Rayong not just to locals but tourists as well.