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Thursday, May 16, 2024

Bangkok Post – PTT sets up logistics venture to tap BRI

The pilot transportation of agricultural goods from Thailand to China’s Chengdu by rail.

National oil and gas conglomerate PTT Plc hopes to benefit from rail transport networks under the Belt and Road Initiative (BRI) by setting up a new subsidiary to diversify into the domestic and international logistics business.

Initiated by the Xi Jinping government, the BRI is meant to link China’s economy with Southeast Asia, Africa and Eurasia by developing land and maritime…

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