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 primary motive behind the project is to reduce logistics costs by avoiding traffic in the Malacca Strait.
Kasikorn Securities highlighted that if the government successfully implements this project, major beneficiaries would be industrial estates, notably WHA Corporation and Amata Corporation. These companies might acquire new plots to establish an industrial hub in the future area.
Besides, contractor groups, for whom prominent stocks include…
