Mr Piyapong Chiwattanakulpaisarn Deputy Director General of the Department of Highways was later revealed as the chairman of a public hearing (Sounding the Market) of the Sriracha Highway Service Center project. and the location of the Bang Lamung Highway service on the intercity highway No. 7 (M7), Bangkok-Ban Chang route, today (February 6), states that the Highways Department will open for private investors to jointly develop two roadside accommodation on this of time, namely Sriracha Highway Service Center (Sriracha Service Center) and Bang Lamung Service Area (Bang Lamung Service Area) After opening this private hearing. can issue an invitation AND sell the proposal document (RFP) in May.
In addition, the Highways Department aims for the private sector to submit a proposal to jointly invest in this project around September 2023. After that, it is expected that the selection committee will evaluate the proposal in September-December 2023. Contract negotiation and summary of selected results Prior to signing a joint venture contract no later than mid-2024 and accelerating the private sector to start construction projects phased opening for partial service in 2025 and full opening in 2026
for the investment model The Highways Department will allow the private sector to invest in the project. According to the Public-Private Partnership Act BE 2562 in the form of Net Cost PPP, the private sector is responsible for investing, designing, building and managing the entire project. The duration of the project is 32 years, divided into two years for design and construction, and another 30 years for O&M management. The Highways Department will receive compensation from the private sector throughout the contract period.
Regarding the return on investment Since such an investment is an investment in the form of PPP Net Cost, it will use the method for the private sector to pay annual returns. The Highways Department is currently reviewing the numbers. But earlier, the results of the study assessed the return on investment, divided into the Sriracha Highway Service Center Project, about 10 million baht per year and the Bang Lamung Highway Service Center, about 5 million baht per year, and must be increased’ r financial remuneration. every 3 years.
For the project of accommodation along freeway No. 7, route Bangkok-Ban Chang Between Bangkok-Chonburi-Pattaya-Map Ta Phut, the amount of 2 places has a total investment of 2,382.02 million baht, divided into Service Area 1.Bang Lamung, an investment budget of 766.45 million baht, which includes a construction budget of 634.16 million baht, land ownership fees of 132.29 million baht, baht and 2. Sriracha Service Center (Sriracha Service Center) with an investment amount of 1,615.57 million baht , includes a construction budget of 831.34 million baht, land ownership fees of 784.23 million baht.
In addition, the Highways Department also aims to develop roadside accommodation for Intercity Motorway No. 7, Bangkok – Ban Chang route, which is a total of 7 sites. Bang Pakong Highway service location and Nong Ri rest area and is preparing to develop 2 more posts, namely 1. Sriracha Service Center, an area of about 60 rai per side, 2. Bang Lamung Service Area, an area of about 39 ℃ per side, and the other 2 sites including Mabprachan stop and Bangpakong New Highway service station being considered in the next order