land bridge project

  • Business News

    DP World eyes investment in Thailand’s 1 trillion baht Land Bridge

    Dubai-based logistics giant DP World has expressed interest in investing in Thailand’s ambitious 1-trillion-baht Land Bridge project, as confirmed by the Ministry of Transport. Sultan Ahmed Bin Sulayem, group chairman and CEO of DP World, will meet with Prime Minister Srettha Thavisin tomorrow, June 21, to discuss potential collaboration on the project. DP World is renowned as the world’s third-largest…

  • Thailand News

    Thailand’s Pacific-to-Indian Ocean Land Bridge project

    Thailand’s anticipated land bridge project, aiming to connect the Pacific and Indian Oceans, is set to become reality, with bidding anticipated by late next year, the Transport Ministry confirmed. The colossal 1-trillion-baht project will construct deep-sea ports in Chumphon on the Gulf of Thailand and Ranong on the Andaman coast, linked by a state-of-the-art transport route. This ambitious infrastructure aims…

  • Thailand News

    PM Srettha’s Milan move: F1 races, and airport overhauls

    Thailand Prime Minister Srettha Thavisin met with Intesa Sanpaolo, a leading international financial institution in Milan to discuss funding for Thailand’s Land Bridge project. The bank is aware of the Thai government’s plans to expand Suvarnabhumi, Phuket, and Chiang Mai airports and showed keen interest, hinting at future detailed discussions. The prime minister also revealed that Intesa Sanpaolo is enthusiastic…

  • Thailand News

    Southern Thailand: Locals unite to halt Land Bridge project

    People’s networks from Ranong and Chumphon provinces rallied yesterday in front of the Lang Suan district office, vehemently opposing the controversial multi-billion baht Land Bridge project planned for their region. Protesters issued a powerful statement demanding the immediate cancellation of the project, arguing it would deplete vital resources better preserved for future generations. “Our children and grandchildren deserve a sustainable…

  • Thailand News

    Thai minister to push for Land Bridge megaproject in China visit

    Suriya Jungrungreangkit, the Thai Transport Minister, is set to lead a delegation to China to explore further developments concerning the Thai-Chinese high-speed railway project and advocate for the 1 trillion baht (US$27 billion) Land Bridge megaproject. The visit, which is scheduled for next month, will involve participation in the 31st Thailand-China joint ministerial committee meeting. A key agenda item is…

  • Thailand News

    Conservation factions call for review into Land Bridge initiative

    A call for a thorough investigation of the government’s Land Bridge initiative has been made by Chumphon and Ranong conservation factions, citing concerns about potential corruption and negative societal impacts. This large-scale project, which has already encountered significant opposition, could lead to locals losing their homes and livelihoods, according to the conservationists. Yesterday, representatives from the Rak Phato Network and…

  • Thailand News

    Thailand’s State Audit Office to streamline large-scale govt projects

    In a recent development, the State Audit Office (SAO) of Thailand announced the inauguration of a new section dedicated solely to auditing large-scale government projects. This new initiative will come into effect from April 1, as per the announcement made by the State Audit Commission in the Royal Gazette last month. The SAO Auditor-General, Prajuck Boonyoung, highlighted the necessity of…

  • Thailand News

    US-Thailand talks focus on Myanmar crisis and regional connectivity

    The United States and Thailand are set to engage in high-level talks on Monday, with a focus on the Myanmar crisis, a strengthening of their security partnership, and regional connectivity through Thailand’s Land Bridge project. Foreign Affairs Minister Parnpree Bahiddha-Nukara, who embarked on his official visit to the United States on Saturday, will meet with his American counterpart and other…

  • Thailand News

    China’s AIIB shows interest in funding Thailand’s Land Bridge project

    Prime Minister Srettha Thavisin revealed that the Asian Infrastructure Investment Bank (AIIB), led by China, has shown interest in funding Thailand’s Land Bridge project. This project, worth a staggering 1 trillion baht, aims to link Ranong with Chumphon in the southern region of Thailand. The goal is not only to establish an efficient logistics network but also to alleviate the persistent…

  • Thailand News

    Thailand to launch roadshow in China promoting 1 trillion baht Land Bridge project

    Thailand’s Transport Ministry, headed by Minister Suriya Jungrungreangkit, announced yesterday that it would be launching a roadshow in China next month to promote the Land Bridge project. This announcement followed a recent visit by Chinese Foreign Affairs Minister Wang Yi, who expressed China’s interest in the project. As a response, the Thai government is preparing to submit a project report…

  • Thailand News

    Thailand eyes foreign bonds to set private sector rates

    Thailand’s Ministry of Finance is poised to issue foreign currency bonds for the first time in 20 years, a move that is not aimed at fundraising but at establishing a benchmark interest rate for the private sector. The announcement was made by Julapun Amornvivat, Deputy Minister of Finance, who stated that the Public Debt Management Office (PDMO) has been tasked…

  • Business News

    Thailand’s Land Bridge project eyed for boosting economy amid local concerns

    Thailand’s Land Bridge project, a major infrastructure initiative resembling a proposed shortcut through Southeast Asia, dominated the recent mobile Cabinet meeting in Ranong. Residents expressed apprehensions to Prime Minister Srettha Thavisin, highlighting potential environmental damage and disruptions to their lifestyle. In the face of forecasted stagnant GDP growth, the government views the Land Bridge project as a promising solution for…

  • Business News

    Thai government insists on land bridge project amidst criticism, seeks international investors

    Despite facing criticism, the Thai government remains determined to proceed with its Land Bridge project, inviting foreign investors and prioritising environmental implications, especially in headwater regions. Government spokesperson Chai Wacharonke, addressing a mobile Cabinet meeting in Ranong, confirmed the government’s intent to engage foreign investors post the project’s promotion by Prime Minister Srettha Thavisin at three international events. These included…

  • Thailand News

    PM Srettha promises to consider opposition’s concerns on Land Bridge megaproject

    Prime Minister Srettha Thavisin assured opposition groups that he would take into account their concerns regarding the Land Bridge megaproject. The discussions took place at Suan Sunandha Rajabhat University’s education centre in Ranong, following a mobile Cabinet meeting. The megaproject, valued at 1 trillion baht, is designed to create a logistics network linking Ranong with Chumphon. It consists of a…

  • Thailand News

    Thai government officials inspect 1-trillion-baht Land Bridge megaproject amid environmental concerns

    Prime Minister Srettha Thavisin, Interior Minister Anutin Charnvirakul and Transport Minister Suriya Jungrungreangkit embarked on an official visit to the Andaman region, with Ranong, the site of the 1-trillion-baht Land Bridge megaproject, as their first stop. The project, expected to generate significant benefits across the southern region, is facing criticism due to its potential environmental impact. The officials inspected a…

  • Thailand News

    PM Srettha reassures public on Land Bridge megaproject amid concerns

    Prime Minister Srettha Thavisin voiced his administration’s commitment to addressing the concerns of groups opposing the Land Bridge megaproject. Today, PM Srettha is visiting the proposed construction site in Ranong, where a mobile cabinet meeting is scheduled for tomorrow. The 61 year old Thai prime minister acknowledged the government’s shortcomings in effectively communicating the project’s economic advantages to international investors.…

  • Thailand News

    Four MFP MPs resign over 1-trillion-baht Land Bridge megaproject

    A quartet of MPs from the Move Forward Party (MFP) resigned from a House committee that was examining the 1-trillion-baht Land Bridge megaproject. Their reason for stepping down was their refusal to passively approve a venture they fundamentally disagreed with. MFP MP Julapong Yukate reported that the committee’s final meeting was held yesterday, where they were supposed to endorse a…

  • Thailand News

    House committee to inspect Land Bridge project impact on local

    An investigative committee from the House is set to make a field visit to Chumphon and Ranong, the designated development areas for the much-anticipated Land Bridge megaproject. The committee’s objective is to garner insights into the project’s potential repercussions on local communities, according to an anonymous source. Presided over by Pheu Thai MP for Phayao, Wisut Chainaroon, the committee has…

  • Thailand News

    Thai government plans 50-year concession for Land Bridge megaproject

    The Thai government is contemplating a 50-year concession for the successful bidder of the Land Bridge megaproject, a venture worth one trillion baht and projected to break even within 24 years. This was revealed by Transport Minister Suriya Jungrungreangkit during the Thailand Landbridge Roadshow event in Tokyo, Japan, where he and Prime Minister Srettha Thavisin sought to attract Japanese investors.…

  • Business News

    Thailand’s proposed land bridge project could boost various sectors

    The potential implementation of the proposed land bridge project in Thailand could significantly benefit sectors such as contractors, industrial estates, transport, and finance, according to industry analysts. The project, which has been under discussion by various governments for four decades, aims to connect the Andaman Sea to the Gulf of Thailand, specifically via the provinces of Ranong and Chumphon. The…

  • Thailand News

    Motorway project linking Nonthaburi and Ayutthaya set for 2029

    The Department of Highways (DoH) in Thailand is gearing up to construct a new 34.1 kilometre motorway project, linking Bang Bua Thong in Nonthaburi and Bang Pa-in in Ayutthaya. The project, with a budget of almost 15 billion baht, is slated to be completed by 2029. DoH’s director-general Sarawut Songsivilai has stated that this motorway is one among 46 projects…

  • Business News

    Thailand’s mega land bridge project: an economic boon or environmental bane?

    The Industry Ministry of Thailand is currently assessing the environmental impact of a proposed land bridge megaproject in the southern part of the country, a venture that promises to significantly bolster the Thai economy in the future. This assessment is crucial to determining the project’s viability and addressing any potential negative effects on the environment. The proposed land bridge, which…

  • Thailand News

    Thailand’s 1 trillion baht land bridge project seeks foreign investors

    Thailand’s Transport Ministry is actively seeking investors for a megaproject, dubbed the land bridge, which aims to connect Chumphon on the Gulf of Thailand’s eastern coastline to Ranong along the Andaman Sea. The mission to attract funds will involve roadshows in China, Europe, and the United States. Suriya Jungrungreangkit, the Transport Minister, shared these updates on the project’s progress in…

  • Thailand News

    BJT’s ambitious plan to creating a ‘land bridge’ to boost economic growth in southern Thailand

    The Bhumjaithai Party in Thailand vows to push forward with the development of a “land bridge” connecting the Andaman Sea with the Gulf of Thailand, which they believe will stimulate economic growth in the South. Itthidet Supong, spokesperson for Bhumjaithai leader Anutin Charnvirakul, stated that Anutin is particularly keen on constructing an overland freight route, which is slated to link…