China Harbour Engineering Company investing in Leam Chabang port phase 3

China Communications Construction Company (CCCC) announced that, China Harbour Engineering Company (CHEC), a subsidiary of CCCC, is to invest in the Laem Chabang Port Phase 3, terminal F project in Thailand.

China Harbour will jointly set up a project company with relevant partner and will hold a 30% stake equity of the new jv. The company estimates a requited investment of $1bn in the project.

Laem Chabang Port Phase 3, terminal F is a deepsea project at the depth of 18.5 meters, consisting of terminal F1 and F2 with a total berth length of 2,000 meters and a total width of 550 meters. The project will include four container terminals, one multi-purpose terminal, one coastal terminal and one service terminal.

The project will enhance the handling capacity of the Laem Chabang port to be sufficient for continuously demand at the port, and enhance the operational and management efficiency of the Phase 3.

In January this year, Terminal D Phase I Project of Hutchison Ports Thailand at Laem Chabang Port, located at Laem Chabang Port was opened,constructed by CHEC.

Read more: Hutchison Ports gears up for container mainline call growth at Laem Chabang

Posted 19 June 2019

© Copyright 2019 Seatrade (UBM (UK) Ltd). Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Seatrade.

Katherine Si

China Correspondent

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