BANGKOK -- A consortium that includes Thai power provider Gulf Energy Development and state-owned China Harbour Engineering has signed a 30.8 billion baht ($922 million) deal to expand a central port.
The joint venture, which is 40% owned by Gulf Energy, entered into a 35-year public-private partnership with the Port Authority of Thailand on Thursday to build and operate a new container terminal at the port of Laem Chabang, about 130 km southeast of Bangkok.
