REOI: Bankability Support for Plastic Waste Management Projects in Thailand
Mekong-ROK Cooperation Fund’s program “Bridging the Financing Gap for Plastics Circularity Infrastructure through Bankable Projects, Policy, and Knowledge Sharing” (MKCPC)
TABLE OF CONTENTS
Project Background and Objectives
The Global Green Growth Institute (GGGI), with support from the Mekong–Republic of Korea Cooperation Fund (MKCF), is implementing a project titled “Bridging the Financing Gap for Plastics Circularity Infrastructure through Bankable Projects, Policy, and Knowledge Sharing” (the “MKCPC” or the “Program”). The program aims to
- Develop a functional market for recycled plastics that mobilizes financing for plastics waste management infrastructure at scaled; and
- Enhance sector readiness and contribute to plastics circularity in the Mekong region, with an initial focus on Thailand.
In Thailand, the program will focus on achieving the following three outputs.
Output 1: Develop two bankable projects on plastic waste management and mobilizing at least USD 50M in Thailand
Output 2: Deliver policy recommendations to address the financing gap for plastic waste in Thailand
Output 3: Regional capacity building and knowledge sharing on addressing the plastics circularity financing gap
As part of Output 1, GGGI is launching a Request for Expressions of Interest (REOI) inviting companies to submit a concept note for their proposed project. Selected projects will receive feasibility grants and financial & investment advisory support to strengthen project readiness for potential investors and financiers.
Eligible Projects and Key Dates
2.1 Eligible Projects:
GGGI welcomes submissions of plastic waste management projects such as waste collection hubs, transfer stations, material recovery facilities (MRFs), plastic recycling plants, and related facilities that address Thailand’s plastic waste challenges.
Important Note: The project company must be a business registered in Thailand (including locally registered foreign subsidiaries)
2.2 Key Dates:
- REOI Application opens: 11 November 2025 (Tuesday) at 9:00 Thailand time
- REOI Online Information Session: 18 November 2025 (Tuesday) at 11:00 – 12:00 Thailand time
- Deadline for submission: 16 December 2025 (Wednesday) at 18.00 Thailand Time
- Shortlisting notification date: 23 January 2026 at 18.00 Thailand time
REOI Application
The REOI is now open. To respond to the REOI, interested applicants must submit a concept note. Instructions on how to prepare the concept note and the required format and information can be downloaded by clicking the button below. Submissions that do not follow the template or omit the required information may be deemed ineligible.
GGGI will review all REOI submissions and notify shortlisted applicants by 23 January 2026. Shortlisted companies will be invited for interviews and may be asked to provide additional information. Additionally, GGGI may also conduct site visits as part of the assessment prior to finalizing selection.
For any inquiries or clarifications about the REOI application submission process, please contact:
- Pakaporn Tohwisessuk: Pakaporn.tohwisessuk@gggi.org
- Piya Kerdlap: pkerdlap@pxp-sustainability.com
Disclaimer:
By submitting a concept note under this REOI, each applicant acknowledges and agrees that:
- GGGI may request additional information, subject to a non-disclosure agreement (NDA), if required.
- Projects may be subject to further due diligence, including environmental and social safeguards assessments in line with GGGI’s requirements.
Online Information Session
GGGI will host an online information session on Tuesday, 18 November 2025 at 11.00 – 12.00 Thailand time, to provide an overview of the REOI process, eligibility requirements, and selection criteria. The session will also include a Q&A session where interested applicants can raise questions related to the REOI and submission process.