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The Industrial Estate Authority of Thailand (IEAT) has signed a public-private partnership (PPP) contract.


         The Industrial Estate Authority of Thailand (IEAT) has signed a public-private partnership (PPP) contract with Gulf MTP LNG Terminal to develop the third phase of Map Ta Phut seaport, worth 55.4 billion baht, on 1,000 rai. Deputy Prime Minister Somkid Jatusripitak witnessed the PPP contract signing on Tuesday. The cabinet also approved the signing. The contract entails the development of Map Ta Phut seaport's third phase. The Map Ta Phut deep-sea port is the first megaproject in the flagship Eastern Economic Corridor scheme to have inked a contract. Mr Somkid said the extension to Map Ta Phut seaport will support the country's petroleum and petrochemical industry, which the government aspires to make a shipment hub in Southeast Asia. Mr Somkid said four more EEC megaprojects are expected to have PPP contracts this year. "The high-speed railway linking Suvarnabhumi, Don Mueang and U-tapao airports has to be signed on Oct 15," he said.

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