Expressway Authority of Thailand
Ministry of Transport
Market Sounding Documentation
For
Kathu-Patong Expressway Project
Phuket Province
August 2014
Kathu–Patong Expressway Project, Phuket
Province
1. Introduction
Kathu–Patong Expressway Project, Phuket Province is the
expressway that links the area of Kathu and Patong. This
project will benefit the traffic and accident resolution on
Highway 4029 which currently is only main route that links
the area from the east of Phuket to Patong Beach.This
highway on Khao Nakkerd section, distance about 3
kilometers consists of 2 lanes within narrow right of way and
the alignment is winding and steep gradient. Due to the
relatively high traffic and frequent accidents when heavy
rain caused a travel delay, fatal and properties damage
from accidents. Moreover, This Project can be used as an
evacuation route in case of natural disasters such as
earthquake, tsunami etc.
Expressway Authority of Thailand (EXAT) realizes that
Kathu-Patong Expressway Project is the infrastructure
development for transportation in provincial area and it has
great benefits to the public. An opportunity shall be opened
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to any private firms who are interested in an investment of
the project by “Public Private Partnerships” (PPPs) in BuildTransfer-Operate (BTO).
Kathu-Patong Expressway Project will also follow the Act on
Private Investment in State Undertaking B.E. 2556 (2013).
EXAT has prepared this market sounding document
regarding the future investment of the project. Please note
that this document (attached herewith) is not the Term of
Reference (TOR) but a market sounding questionnaire for
any investors who have an interest in the project.
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2. Objectives
This market sounding is for the purpose of market testing
on private sectors’ interest by PPPs in Build–Transfer–
Operate (BTO) of Kathu–Patong Expressway Project. The
suggestions and recommendations from private investors
will enhance successful to this project.
3. Target Groups
3.1 Present Expressway Operators in Thailand and from
Foreign Countries
3.2 Private Investors in Thailand and from Foreign
Countries
3.3 Any Interesting Financial Institutes
4. Project Details
4.1 Reason and Necessity
Project will be linked from Kathu to Patong for traffic
problems and accident resolution on Highway 4029 and
also facilitate travel and promote tourism in Phuket.
Moreover, It can be used for evacuation route in case
of disasters such as earthquake, tsunami etc.
4.2 Alignment of Project
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(1) Main line
The beginning of project is connected to Town and
City Planning Road (Phang Muang Sai Kor Road) in
Patong Subdistrict, Kathu District by the 6-lane road
per
direction
on
elevated
structure
crossover
Pisitkoranee road after that the dual tunnel will pass
through mountain (Khao Nakkerd) and will be the
elevated structure to connect with Highway route no.
4029 (Km. 0+850) in Kathu district which is the end of
project. The total distance of project is 3.98
kilometers as shown in Figure 1.
Figure 1 Alignment of Kathu–Patong Expressway Project, Phuket Province
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(2) Interchange
There are two interchanges in this project, at the
beginning of project on Phang Muang SaiKor Road
and at the end of project on Highway route no. 4029.
2.1)
Interchange at the beginning of project on
Phang Muang Sai Kor Road
The
trumpet
interchange
with
2
left-turn
directions, turning left from the expressway to
Phang Muang Sai Kor Road for Patong and
Karon Beaches destination. The other is turning
left from Phang Muang Sai Kor Road to the
expressway.
The
2
right-turn
direction,
directional ramp from Phang Muang Sai Kor
Road turn right to the expressway. The other is
a loop ramp from the expressway turn right to
Phang Muang Sai Kor Road as shown in Figure
2.
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Figure 2 Interchange at beginning of project on Phang Muang
Sai Kor Road
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2.2)
Interchange at the end of project on
Highway route no. 4029
This interchange has one turning left direction
from
Phuket
city
to
the
expressway
and
directional ramp from the expressway turning
right to Highway route no. 4029 for Phuket City
destination as shown in Figure 3.
Figure 3 Interchange at end of project on Highway route no.
4029
(3) Tunnel
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The dual tunnel, each tunnel is 4-lanes per
direction. Two traffic lanes for cars, each lane is
3.50 m. the left and right paved shoulders are 2.00
m. and 0.50 m. respectively. Another two traffic
lanes for motorcycles, each lane is 1.75 m. with the
left and right paved shoulders of 1 .0 0 m. and 0 .5 0
m. and sidewalk is on each side for maintenance
and emergency. Each tunnel has internal width
about 17.10m. as shown in Figure 4.
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1.75
1.75
Figure 4 Cross-section of the tunnel.
(4) Toll Plaza and Central Control Building.
Toll plaza located only one place in Kathu area to
service
both
directions
of
Kathu-Patong
and
Patong-Kathu, each direction contains 9 channels
divided into 3 channels for motorcycles (6 booths), 5
channels for cars and 1 channel for trucks. The
Central Control Building is located beside the toll
plaza.
4.3 Traffic Volume
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The traffic volume of Kathu–Patong Expressway
Project, Phuket Province as shown in Table 1.
Table 1 Traffic Volume of Kathu-Patong Expressway Project
Fiscal
Year
Traffic Volume (Vehicle/Day)
Motorcycl
e
4-Wheel
6-10
Over
Wheel
10Wheel
Total
2021
27,561
22,561
1,006
10
51,138
2026
29,105
23,584
1,045
11
53,745
2031
31,713
25,959
1,109
11
58,792
2036
36,359
29,645
1,215
12
67,231
2041
42,047
32,220
1,285
13
75,565
2046
49,348
36,955
1,304
13
87,620
2051
55,574
40,250
1,357
14
97,195
4.4 The toll collection
Toll collection system is an open system. The toll rates
in year 2022 is 15/40/80/120 Baht for motorcycle / 4wheel vehicles / 6-10 wheel vehicles/ more than 10wheel vehicles.
4.5 Project implementation Plan
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Kathu-Patong Expressway Project, Phuket Province will
implement during fiscal year 2018-2022 and operate in
September 2022 as shown in Table 2.
Province
Table 2 The Implementation Plan of Kathu – Patong Expressway Project, Phuket
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4.6 Project Investment Costs: An investment budget for
Kathu–Patong
Expressway
Project, Phuket Province is approximately 10 ,497
Million Baht consisting of:
- Land acquisition cost,
approx.2,588
Million
approx.7,909
Million
Baht
- Construction cost,
Baht
4.7 The Economic Feasibility Study shows that the project
will be worthwhile economically with the following
details:
- Net Present Value (NPV). in year 2017 = 14,871
Million Baht (at the discount rate of 12%)
- Economic Internal Rate of Return (EIRR) = 23.58 %
- Benefit Cost Ratio (B/C) = 2.85
5. Scopes of Investment
The private sector who has been appointed by the
Expressway Authority of Thailand as a concessionaire of
Kathu–Patong Expressway Project, Phuket Province is
obliged to carry out the following scopes of project
investment and the Expressway Authority of Thailand is
obliged to perform the following scopes of project
investment:
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5.1 The private sector who has been granted a concession
is committed to project investment and operation in 2
phases as follows:
Phase 1
The Design and Construction of the
Expressway
The concessionaire will be responsible for the design
and construction costs of Kathu–Patong Expressway
Project, Phuket Province and make it complied with the
concession agreement as well as provide for an
installation of M&E, toll collection, communication,
traffic control systems and any others as considered
necessary.
Phase 2 The Operation and Maintenance of the
Expressway
The concessionaire will be responsible for the operation
cost of the expressway so that it can render service to
public in an effective way with safety and according to
an international standard as well as the expressway has
maintained in good condition throughout the concession
period of the project.
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5.2 The government will support for land acquisition cost in
relation to the expressway construction project while the
Expressway
Authority
of
Thailand
will
assist
in
coordination with government sectors as well as give all
the possible supports to the investor. So, it can be
provided with maximum benefits according to the law of
investment promotion.
5.3 Concession Period: The concession period of this
project is 30 years from start of construction. The
concession holder obtains the right to receive the toll
revenues generated from Kathu–Patong Expressway
Project, Phuket Province and will have to pay a portion
of the toll revenues to the government as mutually
agreed in the concession agreement.
5.4 Project Operation Rules and Regulations for Kathu–
Patong Expressway Project, Phuket Province will be
according
to
the
Private
Investment
in
State
Undertakings Policy Committee Act, B.E. 2556, the
Expressway Authority of Thailand Act, B.E. 2550 and all
the concerned rules, regulations and agreements.
6. Private Partner Selection Criteria
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A selection of the private partner for Kathu–Patong
Expressway Project, Phuket Province will be according to
Public Private Partnership Act, B.E. 2556 while a Selection
Committee will be nominated by the Expressway Authority
of Thailand to set up initial selection criteria which include
the following:
6.1 Qualifications of the Investor
The
concession
holder
must
possess
business
management skill and a good financial status with at
least 500 Million Baht paid-up registered capital. He/she
shall also contain past experiences and records of the
design–construction, project management as well as
operation and maintenance of the expressways.
6.2 Proposal Preparation
The interesting private partners will prepare proposals
in accordance with the requirements stipulated in the
proposal preparation documentation, arranged by the
Selection Committee of Kathu–Patong Expressway
Project,
Phuket
Province.
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6.3 Private Partner Selection Process for Build-TransferOperate (BTO) Concession
This is a concession given to private partner to operate
the expressway which will be in compliance with the
Public Private Partnership Act, B.E. 2556 and the
Expressway Authority of Thailand Act, B.E. 2550.
7.
Steps in Market Survey
The Expressway Authority of Thailand will not disclose
the information received to any third parties or for other
unrelated purposes. And the Expressway Authority of
Thailand will neither be responsible for the expenses
incurred from questionnaire responses nor committed to
taking
actions
according
to
the
suggestions
or
information provided by the responders.
The questionnaire responders are kindly requested to
fill in their ideas or suggestions and returned to the
following address, from August 13th to August 21th,
2014, between 8.30 a.m. to 4.30 p.m.
The Governor of The Expressway Authority of Thailand,
Expressway Authority of Thailand,
2380 Phahonyothin Road,
Saenanikom, Chatuchak District,
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Bangkok 10900.
Tel. 0 2579 5380-9 Ext. 2854 Fax 0 2940 1226
With a word on the envelop corner“(Market Sounding)”
Or send E-mail to off_infor@exat.co.th
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8. Questions
8.1 Do you have an interest in Build - Transfer - Operate (BTO)
in this project with EXAT? Please specify the scope of your
investment.
As a company that operates and maintains an
expressway
As a private sector
As a financial institution
Others
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
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_______________________________________________
___________________
8.2 Considering allocation of project funding, do you have any
suggestions, options, or requests for financial supports
from the government?
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________
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8.3 As Thai government shall have responsibilities in providing
land, cooperating with agencies, do you have suggestions
and/or opinions in order to the best implementation of this
project?
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_
_______________________________________________
___________________
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___________________
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______________________________________
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___________________
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8.4 As Kathu–Patong Expressway Project is a megaproject
which requires tremendous amount of investment, do you
have any suggestions and/or opinions in order to the best
implementation of this project?
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_
_______________________________________________
_______________________________________________
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8.5 Considering operation and maintenance of the project, do
you have any suggestions, opinions, and/or requests for
financial supports from the government?
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_
_______________________________________________
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_______________________________________________
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8.6 As this project shall follow Build - Transfer - Operate (BTO),
do you have any suggestions and/or opinions concerning
financial return to the Thai government in order to achieve
a mutual?
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_
_______________________________________________
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8.7 As Kathu–Patong Expressway Project is a megaproject, in
order to efficiently implement for this project, do you think
you
should
be
offered
some
supports
from
the
government? If yes, please specify:
1) Privilege Tax/Account
2) Co-operations & supports from government agencies
3) Public concerns
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
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_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________
8.8 As registered capital shall be greater than 500 Million Baht,
do you think this figure is suitable or not? How?
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
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_______________________________________________
_
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8.9 Do you have any opinions and/or suggestions concerning
investors’ cost of capital and the proper figure for the rate of
return of this project?
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_____________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_
8.10 Do you have any other opinions and/or suggestions to our
committee concerning the implementation of Kathu–Patong
Expressway Project?
_______________________________________________
_______________________________________________
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_______________________________________________
_______________________________________________
_______________________________________________
_____________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_
8.11 Do you have an opinion on the implementian plan of
Kathu–Patong Expressway Project, Phuket Province?
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
_____________________________
_______________________________________________
_______________________________________________
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_______________________________________________
_______________________________________________
_______________________________________________
_____________________________
9. Address
Contact Details
Contact Name
:
Position
:
Company Name
:
Company Address
:
:
Telephone Number
:
Fax Number
:
E-mail
: