THIS IS HUGE! Thailand’S $28 Billion Land Bridge Project Will Free China From U.S. Blockade #china
#china #chinanews #Thailand #usa #project #port #railway
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Thailand is located in the central and southern part of the Indochina Peninsula. Its geographical location has extremely strategic significance in terms of international shipping and geopolitics. Because it is located between the Indian and Pacific Oceans and adjacent to the Strait of Malacca, Thailand has become a key hub connecting East Asia, South Asia, the Middle East and Europe. The Thai government has long hoped to build a canal through the Kra Isthmus in southern Thailand to replace the Strait of Malacca. This canal can effectively shorten the voyage from the Indian Ocean to the Pacific Ocean and is crucial to reducing shipping pressure in the Malacca Strait and improving shipping efficiency.
However, although the idea of Thailand’s “Kra Isthmus“ canal has existed for more than 400 years. However, due to many reasons, including huge economic costs, environmental and regional political sensitivities, this project has not yet been officially launched or entered the construction stage. Although the Kra Canal project will be shelved for a long time, this year, the Thai government announced a new strategic project that attracted worldwide attention.
Around October 2023, the “Belt and Road” Summit Forum will be held in Beijing, China. During this period, Thai Prime Minister Sretha Thaweesin proposed a project called “Land Bridge“ and hoped to obtain Chinese investment and participation. In order to obtain investment in the project faster, Thai Prime Minister Saitha Thakur later once again presented this great plan to leaders and investors at this year’s APEC meeting in San Francisco, hoping that more investors would join the “Land Bridge“ project.
As far as I know, the core construction plan of the “Land Bridge“ project is to build deep-water ports in Chumphon and Ranong in southern Thailand. Then build a railway of about 100 kilometers between the two ports to realize the vision of interconnecting the Indian Ocean and the Pacific Ocean across the Kra Isthmus, connecting the Gulf of Andaman and the Gulf of Thailand.
However, it will not be easy to complete the “Land Bridge“ project. The entire project is currently expected to cost 1 trillion baht, approximately US$28 billion. Global bidding and construction are expected to begin in 2025, and will be officially put into operation around October 2030. Thailand is currently promoting legislation on the “Land Bridge“ to facilitate the implementation of this plan in the future.
So, once this project is completed and put into use, what benefits will it bring to Thailand? How will China benefit from this project?
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