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Land bridge project is definitely shelved - Finance Minister

Land bridge project is definitely shelved - Finance Minister

11 Sept 16:20 Key points summarised by AI
  • Thailand's one-trillion baht land bridge project, designed to connect the Gulf of Thailand and the Andaman Sea, has been definitively shelved.
  • A 90-day feasibility study concluded the mega-project lacked economic viability, carried high financial risks, and posed significant environmental threats.
  • Key concerns included global trade conflicts impacting profitability, a low likelihood of shipping lines diverting from the Strait of Malacca, and strong opposition from local communities and stakeholders over ecological impacts.
  • Instead, an alternative 'Missing Link' project is proposed, focusing on upgrading the existing Ranong deep-sea port and constructing a new rail link to the east coast and a main line towards China.
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Economy 1/1
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