On January 10, 2024, the Bangkok Port Authority inaugurated a new Free Zone in a ceremony presided over by Mr. Kriengkrai Chaisiriwongsuk, Director General of the Port Authority of Thailand. Representatives from WCAworld and members of Full Well Freight were also present at the event.
The Port Authority of Thailand has dedicated 24,000 square meters of warehousing and container yards in Bangkok to create a new Free Zone in the Chao Praya River area. The aim is to provide importers, exporters, international freight forwarders, service providers, and customers with improved services in the Bangkok Metropolitan Region. During the ceremony, a memorandum of understanding was signed between the Port Authority of Thailand and Sahathai Terminal, as well as between the Port Authority of Thailand and Boxman (representing Oknha Mong Port, Cambodia), to support logistics and transportation of goods for exporters and importers in Thailand and beyond.
Full Well Freight, a member of WCAworld in Thailand, has become the first freight forwarder to receive a license to operate within the new Free Zone, which includes a dedicated warehouse and container yard. These facilities are designed to consolidate goods, manage domestic distribution, and re-export to third countries. Using these facilities, users can reduce storage times and shipping costs, as they are conveniently located near major shipping lines, resulting in shorter transit times for connections via road, rail, and air.
The Bangkok Port Free Zone is a part of the sustainable development plan of the Port Authority of Thailand, which is aligned with the National Strategy (The Trade Competition Act) and the vision of making Thailand a developed country with security, prosperity, and sustainability, in accordance with the Sufficiency Economy Philosophy.
The Port Authority of Bangkok stated: “Although it’s a new service model for the Port Authority of Thailand, we strongly intend to develop the area to support today’s economy. So, we are open to collaborating with both private and public sectors, believing that we can collaborate and make it stronger with common goals.”
WCAworld’s Chief Executive Officer, Dan March, added: “We were delighted to hear that one of our members, Full Well Freight, had been given the first license to operate in this new Free Zone. It is a great facility to help members grow their business in Thailand and Southeast Asia.”
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