Connected Community, Strong Economy

GULF's infrastructure and logistics business unit plays an important role in advancing Thailand's development in alignment with government policy.

These initiatives are designed to ensure a higher quality of life for the country’s citizens, improve transportation networks, and stimulate economic growth.

To accomplish this, while reducing the burden of government expenditure and public debt, Thailand’s National Strategy promotes Public-Private Partnerships (PPPs). This collaborative approach optimizes government resources and leverages private sector expertise in managing infrastructure projects. As a result, GULF oversees several significant PPP projects aiming at fostering sustainable growth.

Infrastructure and Logistics Project Information

GULF invests in the Bang Pa-In – Nakhon Ratchasima (M6) and Bang Yai – Kanchanaburi (M81) intercity motorway projects through BGSR 6 and BGSR 81, project companies established by the BGSR Consortium.

These two projects span distances of 196 kilometers and 96 kilometers, respectively. They operate under a 30-year PPP contract with the Department of Highways (DOH) and are divided into two parts:

  • Design and Construction work of the motorway system and other related facilities.
  • Operation and Maintenance (O&M) of toll collection, traffic management systems, and other related systems and infrastructures constructed by both the DOH and BGSR.

GULF invests in GMTP, a project company developing and operating the Map Ta Phut industrial port development phase 3 project (stage 1), which is located in Rayong province, under a 35-year PPP contract with the Industrial Estate Authority of Thailand (IEAT).

The project is divided into 3 parts:

  • Infrastructure Design and Construction, including the dredging and reclaiming of approximately 1,000 rai of land (160 hectares or 395 acres).
  • Superstructure Design and Construction for LNG Terminal
  • Operation and Maintenance of LNG Terminal to facilitate shipment of LNG not less than 5 million tons per year (for LNG Terminal phase 1), extendable up to 10.8 million tons per year (for LNG Terminal phase 2).

GULF invests in Thai Tank Terminal (TTT), the operator of the public terminal management project for liquid products in Map Ta Phut industrial estate, Rayong province, under a 30-year PPP contract with IEAT.

TTT manages four jetties capable of berthing 1,000 vessels annually and its liquid storage tanks have a total capacity of 723,800 cubic meters. TTT is Thailand’s largest public terminal for liquid products.

GULF invests in GPC, the operator of the Laem Chabang port development phase 3 project (Terminal F) under a 35-year PPP contract with the Port Authority of Thailand (PAT).

PAT oversees land reclamation, while GPC manages the Design, Construction, and Operation and Maintenance (O&M) services for Terminal F’s container berths. The project aims to improve container throughput and deploy automation technologies, accommodating at least 4,000,000 TEU of cargo containers annually. This initiative supports Thailand’s role as a regional trade hub.

GULF invests in BSP and BSD through the BSE joint venture, which involves the following:

BSP Power Distribution System Project:

BSP operates the electricity distribution system for the One Bangkok project under a Utility Development Agreement (UDA) converting high-voltage electricity purchased from the Metropolitan Electricity Authority (MEA) to medium voltage for the district cooling system and customer use within One Bangkok. BSP's installed capacity reaches approximately 240 MW.

BSD District Cooling System Project:

BSD operates the district cooling system for the One Bangkok project under a Utility Development Agreement (UDA) producing chilled water through a centralized water cooling system and delivering chilled water to customers within One Bangkok. BSD uses electricity from BSP, a mix of recycled water from One Bangkok's Central Utility Plant and tap water to produce chilled water. BSD operates chillers with a capacity of up to 38,000 refrigeration tons.

Our Projects