Construction of the third phase of Laem Chabang Port is expected to cost Bt140 billion. The capacity for the handling of goods shipments will increase by 7 million 20-foot equivalent units (TEUs), bringing full capacity to 18 million TEUs. The port currently also accommodates 1.3 million cars for shipment, while the new phase of expansion would increase that capacity to three million, Porntipa said. The full capacity would meet an expected sharp rise in demand for goods shipments when investors produce more goods in the EEC region, she said. From March 1, importers will be able to get their goods out of the port within six hours, down from average of 38 hours, said Yutana Phoolpipat, director of the Laem Chabang Port Customs Bureau.

Source: The Nation Bangkok February 16, 2018 18:11 UTC