American companies eager to invest in Thailand’s Land Bridge project

He was speaking after Prime Minister Srettha Thavisin’s successful promotion of the country’s 1.4-trillion-baht projects to global leaders and investors during a recent trip overseas.

Among the American firms expressing interest are the world’s largest marine logistics company SSA Marine, computer technology giant Oracle Corporation, business adviser Jacobs, e-commerce giant Amazon.com and its Amazon Web Services (AWS), eBay, the Port of Long Beach, leading digital solutions provider Wabtec, as well as the United States transportation and rail services.

Suriya said his ministry is actively gathering comprehensive information to apprise these interested parties about the project’s investment value, expected returns and breakeven period.

As for local opposition in Chumphon and Ranong provinces, Suriya said it was natural for new projects to face opposition, adding that it was his duty to address concerns by listening and explaining to enhance public understanding.

The Land Bridge project is a key initiative of the current government, positioned as a magnet to attract international investors.

Speaking at the APEC 2023 Summit in San Francisco earlier this month, Srettha told leaders and investors that the project would establish a new east-west route for global trade valued at over US$38 trillion (1,345 trillion baht) annually.