News / Thailand casts its net for investors in $28bn Malacca Strait trade corridor

Photo: © Zhuweili | Dreamstime.com

Thailand is pushing for an alternative Asia Pacific-India-Middle East trade corridor to the busy Malacca Strait, a project it estimated would cost some $28bn.

Called “Land Bridge,” the project broadly calls for the development of deepsea ports on Thailand’s east and west coasts, backed by sophisticated rail and road networks for seamless cargo flow.  

The eastern port is planned for the Chumphon province on the Gulf of Thailand, the other for Ranong province on the Andaman Sea.

The idea ...