Laem Chabang announces major development plan

A 1.8bn baht (US$50m) container terminal development plan is among three major investment projects planned at Thailand’s Laem Chabang Port, according to local newspaper Bangkok Post.

The three investment projects, which will cost 6bn baht (US$167m), involve the improvement of container terminals at the port, as well as rail and land transport.

The five-year development plan has been undertaken in a bid to turn the port into a South-East Asian trade hub and help the port meet the predicted growth in its services’ demand, the port’s director Montree Rerkjamnian said.