Thailand Seeks Investment for Strategic ‘Landbridge’ Opportunity

Thailand is seeking investment for a proposed “landbridge” project that would provide an alternative route for Chinese trade and reduce cargo transit times between the Pacific and Indian Oceans.

Key Takeaways

• Thailand is proposing a “landbridge” route to connect the Pacific and Indian Oceans, bypassing Singapore and the Straits of Malacca, potentially offering China control over both seas.
• The $28 billion landbridge project is facing skepticism as it may not be financially viable, but could hold geopolitical significance for China.
• The winning consortium will be granted a 50-year concession and may include shippers, logistics operators, port managers, property developers, and industrial investors.
• The landbridge proposal could impact the competition between China and the US in the region, and Thailand is seeking investment from various countries, including the US and Germany.

The…