Kudun and Partners represented CNNC Joint Venture — consisting of three entities, NTL Marine, a subsidiary of Prima Marine PCL., Nathalin and Zhonggang Construction Group from China — in connection with setting up the joint venture company and the submission of bidding proposal to the Port Authority of Thailand for the construction work of Laem Chabang Port Development Project Phase 3 (Part 1) Off-Shore Construction, a key project in Thailand’s Eastern Economic Corridor, which is put forward by the current Thai government to attract investment, boost innovation and upgrade the industries.
The bidding was extremely fierce as it involves 32 private firms – 17 Thai and 15 foreign firms bidding for the project. The client’s bidding was successful and was appointed for the marine construction work at Laem Chabang Port Phase 3 worth over THB 21 billion (USD 680 million). Apart from the bidding phase, we are also representing the client during the project development phase on its subcontracting engagements with contractors.
The project was led by partner, Kom Vachiravarakarn, with assistance from associate, Natwara Svetamal.
