Project financing is commonly employed to secure the necessary financing to develop large infrastructure and industrial projects in Thailand especially in the energy sector, e.g., power generation, mining projects, and pipelines. Project financing in Thailand was first introduced in 1990 with the development of the Map Ta Phut Industrial Estate by the Thai government in the eastern seaboard region located in Rayong Province. To this day, the Map Ta Phut Industrial Estate remains the largest industrial park in Thailand and the world’s eighth-largest petrochemical industrial hub.