First Phase of Thailand’s US$28bn Landbridge Project Kicks Off

In a strategic bid for infrastructural advancement, Prime Minister Srettha Thavisin, joined by Interior Minister Anutin Charnvirakul and Transport Minister Suriya Jungrungreangkit, conducted a thorough examination of the Land Bridge megaproject on 21 January 2024. The project, designed to seamlessly connect Ranong province with Chumphon province, unfolds as a multi-faceted initiative encompassing deep-water ports, an interconnecting motorway, and an integrated railway system.

With a staggering cost of 1 trillion baht (US$28 billion), the Land Bridge megaproject is not only a catalyst for regional development but also an instrumental solution to alleviate congestion in the Strait of Malacca.

Prime Minister Srettha Thavisin underscored the strategic importance of this megaproject, emphasizing, “Constructing a megaproject that links the Gulf of Thailand and the Andaman Sea to the world is important to lessen congestion. It will also bring development to the country, as it can influence more foreign investors.”

This crucial passageway facilitates the transit of 60% of the world’s oil supply, highlighting the project’s global significance, reported the Bangkok Post.

- Video Advertisement -

Related Post

Japan Plans to Establish Rural Special Economic Zones to Boost Cambodian Agriculture

In a significant move to enhance Cambodia’s agricultural sector, the Japan Development Institute Ltd. (JDI) has unveiled plans to establish rural special economic zones in the country. This initiative was highlighted during a meeting on May 19, 2025, between Mr. Heng Ratana, CEO of the Cambodian Mine Action Centre (CMAC), and Dr. Shoichi Kobayashi, an […]

Kampong Speu Province Welcomes New Cement Giant: Factory Inaugurated with Investment Over USD250 Million

  Kampong Speu Province is set to bolster its industrial landscape with the recent inauguration of a large-scale cement factory, officially opened on May 20, 2025, under the leadership of Prime Minister Hun Manet. The factory, located in Oral District, represents a significant investment of over USD 250 million by Conch KT Cement Company, marking […]

Investment Surge in Cambodia: 13 New Projects Proposed

In a promising development for Cambodia’s economy, a group of investors has submitted applications for 13 qualified investment projects, boasting a combined capital of USD 318 million. The Council for the Development of Cambodia has commenced a thorough evaluation of these proposals, signaling a potential boost to the nation’s industrial landscape. During a meeting held […]

Cambodia Sees Surge in Investment: 231 New Projects Worth USD 3.4 Billion Approved in Early 2025

In an encouraging start to 2025, Cambodia has demonstrated robust economic growth, with the Council for the Development of Cambodia approving 231 new investment projects in the first four months, totaling an impressive USD 3.4 billion. This marks a significant increase of 34% in investment capital compared to the same period last year. The latest […]

Taiwanese Tech Giant ADATA Expresses Interest in Investing in Cambodia’s Technology Sector

In a significant development for Cambodia’s tech landscape, ADATA Technology Co., Ltd., a leading Taiwanese technology company, has officially expressed its interest in investing in the country’s advanced technology sector. This announcement came during a meeting between Cambodian Prime Minister Hun Manet and ADATA Chairman CHEN Simon held on April 30, 2025. During their discussion, […]

Significant Economic Growth in Cambodia as of Early 2025

In a promising development for Cambodia’s economy, the country witnessed an impressive increase in enterprises during the first quarter of 2025. The total number of registered businesses and establishments reached 45,255, adding 457 new enterprises compared to the previous quarter. This growth is further accompanied by a significant boost in employment, with the workforce now […]