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Monday, May 6, 2024

Can the Land Bridge Project Revive Thailand’s Economy?

Photo courtesy of iStock

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 attracting large-scale foreign investment. The funding for this initiative is anticipated to come from the private sector through a public-private partnership (PPP).

This proposed logistics shortcut, featuring deep-sea ports, railways, and a new economic zone, is not a novel idea for Southeast Asia. The Dawei economic zone in Myanmar, which remains suspended, aimed to establish a new logistics route connecting inland…

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