A Banner Year for Thailand’s Port Authority
In 2024, the Port Authority of Thailand (PAT) marked its 74th anniversary with unprecedented financial success. The organization reported a net profit of 7,648 million baht, the highest in its history, and total revenue reaching 17,224 million baht. This achievement represents the third consecutive year of record-breaking earnings.
The momentum continued into the first half of fiscal year 2025 (October 2024 to March 2025), with a net profit of 3,500 million baht. During this period, 7,371 ships docked at Thai ports, marking a 1.95% increase. Cargo throughput rose by 5.10% to 61.68 million tonnes, and container traffic increased by 5.35% to 5.56 million TEUs.
Strategic Developments and Infrastructure Enhancements
Laem Chabang Port Expansion
A significant focus for PAT is the expansion of Laem Chabang Port. As of May 2025, the first phase of the Phase 3 expansion, concentrating on marine construction, is 68.30% complete. Efforts are underway to accelerate subsequent phases to ensure cohesive progress.
Inland Dry Port Initiatives
PAT is also advancing plans for inland dry ports to enhance logistics efficiency. Khon Kaen province has been selected as the initial site due to its strategic location and strong local support. Further studies are being conducted for potential sites in Nakhon Ratchasima, Nakhon Sawan, Ayutthaya (Phachi Station), and Ratchaburi (Nong Pla Duk Station).
Embracing the “3S” Vision for Sustainable Growth
PAT’s future-oriented strategy is encapsulated in its “3S” principles:
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Smart Port: Enhancing services, operational efficiency, and adopting eco-friendly digital technologies.
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Smart Commercial: Developing port hinterlands to attract related businesses, boost investment, and create new urban economic centers.
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Smart Community: Fostering high-quality residential areas to ensure community growth alongside port development.
This vision aims to transform Thai ports into world-class facilities that integrate seamlessly with urban areas, drive economic growth, and uphold environmental sustainability.
Community Engagement and Corporate Responsibility
In celebration of its 74th anniversary, PAT demonstrated its commitment to social responsibility by donating a total of 1,834,482 baht to various charities, including the Thai Red Cross Society and Somdej Phrayupparat Chiang Khong Hospital. Additionally, PAT recognized its employees’ contributions through Outstanding Employee Awards, Wichianmanee Chai Awards, and long-service awards for those completing 15, 25, and 35 years of service.
Summary of Key Achievements
| Metric | Value | Change (%) |
|---|---|---|
| Net Profit (FY 2024) | 7,648 million baht | N/A |
| Total Revenue (FY 2024) | 17,224 million baht | N/A |
| Net Profit (H1 FY 2025) | 3,500 million baht | N/A |
| Ships Docked | 7,371 | +1.95% |
| Cargo Throughput | 61.68 million tonnes | +5.10% |
| Container Traffic | 5.56 million TEUs | +5.35% |
Conclusion
The Port Authority of Thailand’s record-breaking performance and strategic initiatives underscore its pivotal role in the nation’s economic development. With ambitious expansion plans and a commitment to sustainable growth, PAT is poised to enhance Thailand’s position as a leading regional transport hub.