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

• Sommana Yan
• 4 February 2024
• Uncategorized
• 3539 Views

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.

• Projects Development
• Road and Infrastructure