The third phase of Map Ta Phut port is estimated to cost 55.4 billion baht. The bidder requested lower investment returns ceded to the government, aiming for 2.7 billion baht instead of 9.31 billion, citing higher financial costs. The cabinet also rejected the IEAT's Map Ta Phut investment plan of 720 million baht a year for annual land reclamation, up from 516 million in the study. "The terms of reference for the Map Ta Phut port project noted the interest rate stood at 2.5% per year. The Map Ta Phut port is one of five megaprojects under the flagship EEC scheme.

Source: Bangkok Post May 22, 2019 23:06 UTC