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GULF bounced 6%, received the EEC board to sign “Laem Chabang Phase 3” this August, worth 8.4 billion baht.

Reporters reported that today (4 August 2021) Gulf Energy Development Public Company Limited or GULF closed the market at 36.00 plus 2.25 baht or 6.67%, the highest price 36.00 baht, low. The highest level at 33.25 baht with a trading value of 2.16 billion baht.

Mr. Kanit Sangsuphan, secretary-general of the Eastern Economic Corridor Policy Committee (EEC) or EEC, revealed that the meeting of the OECD Board of Directors No. 2/2021 was informed of the Laem Chabang Port Development Project Phase 3 in the part of Wharf F, where the working group negotiates the draft contract, has been completed and has been submitted to the Attorney General. which the Office of the Attorney General is considering It is expected that the contract will be signed at the end of August.

The private contracting party is the GPC group consisting of(Gulf Energy Development Public Company Limited) or GULF Holding shares of 40%, PTT Tank Terminal Company Limited (a company in the PTT Group Public Company Limited) or PTT holding 30% and China Harbor Engineering Company Limited holding 30%), which is the recipient of the project

In this regard, the Laem Chabang Port Development Project, Phase 3, in the Port F area, with a budget of 84,361 million baht, a concession period of 35 years. The private sector offers a minimum financial return that the government will receive. Phase 1: Fixed concession fee is equal to net present value (NPV) of 29,050 million baht and variable concession fee at 100 baht per TEU, lower than the government’s expectation. where Net present value (NPV) about 32,225 million baht