An ongoing phase of political uncertainty in Thailand has led to a lack of bids for the Laem Chabang port expansion, making a delay of the project inevitable
Domestic political uncertainty in Thailand following inconclusive elections in March 2019, and a gloomy global trade due in part to a growing trade war between the US and China, are clouding the outlook for the financing and construction of major infrastructure projects, of which the planned Basin 3 at Laem Chabang Port in Chonburi province is one of the key elements.
Although the reappointment of general Prayut Chan-o-cha as prime minister on 5 June, after leading a military coup in 2014, appears to promise a way forward for the Thai government. The unwillingness of proxies for the Thai military to give up power has emboldened opponents in the kingdom, leading to a prolonged period of political uncertainty, which leads to deferment of project execution.
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