Suriya promotes land bridge project to Chinese investors

10 May 2024

Thailand's Deputy PM Suriya Jungrungreangkit promoted the 1-trillion-baht Land Bridge project to Chinese investors in Beijing. The project aims to link the Pacific and Indian oceans with deep-sea ports in Chumphon and Ranong, easing Malacca Straits congestion.

Chinese industry leaders, including COSCO Shipping and Xiaomi, attended. Suriya highlighted opportunities with 50-year concession contracts. The project plan will be proposed this year, with bids in 2026 and completion by 2030. The budget covers port development and connecting infrastructure.

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PAT Seminar Drives Collaboration Towards Green Port Initiatives

8 MAR 2024

PAT hosts academic seminar on the "Development of Sustainable Development Goals (SDGs) towards the sustainable development goals of Thai ports.

Maritime Logistics Institute (MLl) under the supervision of the Port Authority of Thailand (PAT) organised a practical seminar on the "Development of Sustainable Development Goals (SDGs) towards the sustainable development goals of Thai ports." The endeavour is to present important knowledge and push for collaborative development to achieve sustainable goals in line with national and international policies.

 

Central Vietnam eyes seaport infrastructure as catalyst for investment attraction

18 May 2024

Thua Thien-Hue, a central coastal province in Vietnam, is attracting investment in seaport infrastructure due to its strategic location. The Chan May deep-water seaport, crucial for the East-West economic corridor, is expanding after surpassing its cargo capacity. Investments have been approved for new wharves.

Phong Dien harbor is also gaining interest, with plans for multiple wharves by 2030. However, investment proposals await approval of the provincial seaport development plan, which is still under review. The provincial government is urging swift approval to enhance investor confidence.

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The MoT agreed to invest in Long Son My Xuan port worth VND 2.256 billion

13 May 2024

The Ministry of Transport has approved an investment of VND 2.256 billion for the Long Son My Xuan port project proposed by Long Son Company Limited in Ba Ria - Vung Tau province. This project includes a 270-meter main wharf for ships up to 30,000 tons and four barge wharfs for ships up to 7,500 tons, aligning with Vietnam's seaport development plans.

The port aims to serve economic activities and industrial parks, meeting regional construction material needs and supporting socio-economic development in the area. The Ministry supports the project's goals and emphasizes compliance with environmental and safety regulations during operation.

 

Cambodia to Build 180-Kilometre Canal

8 May 2024

Cambodia plans to build the 180-kilometer Funan Techo Canal, linking Phnom Penh Autonomous Port to the Gulf of Thailand. The canal will connect directly to Sihanoukville Autonomous Port and a new port in Kampot, reducing reliance on Vietnamese ports. Scheduled for completion in 2028, the canal will be 100 meters wide and 5.4 meters deep, accommodating vessels up to 3,000 DWT. The project costs $1.7 billion. Vietnamese officials have criticized the canal, citing potential negative impacts on the Mekong River.

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Adani Firm APSEZ Plans Port Development In Philippines

6 May 2024

APSEZ, an Adani Group firm, is planning to develop a deep-sea port in the Philippines' Bataan province to accommodate Panamax vessels. The move comes as APSEZ sees potential in the Philippines' stable leadership and environment. During a meeting with President Ferdinand R Marcos Jr, APSEZ Managing Director Karan Adani discussed plans to invest in port development, aligning with the Philippines' goals to enhance agricultural exports and tourism gateways. The Adani Group aims to expand its presence beyond India, focusing on ports, airports, power, and defence infrastructure.

 

DP World and Sabah Ports to expand East Malaysia terminal

26 April 2024

DP World and Sabah Ports are collaborating to expand Malaysia’s Sapangar Bay Container Port (SBCP) and increase its container handling capacity from 500,000 TEU to 1.25 million TEU by 2025. The partnership aims to optimize terminal workflows, enhance digitalization for operational efficiency, and improve port connectivity.

DP World sees SBCP as pivotal for growth in the BIMP-EAGA region, leveraging industry-leading practices to elevate it into a hub port. Sabah Ports views this collaboration as crucial for SBCP’s development and future competitiveness, benefiting trade and communities across Sabah.

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