Jump to content

Recommended Posts

Posted

thailands-ambitious-35-billion-90-kilometer-land-bridge-project-plan-8dh4xF1UZm.jpg

 

Transport Minister Suriya Jungrungreangkit stated on Monday, July 1, that the first part of the ambitious Southern Land Bridge project, costing 1 trillion baht, will begin operations by 2030’s end. The project aims to connect the Gulf of Thailand with the Andaman Sea. Plans for this project are currently being revised based on feedback from potential investors and locals, with the process likely to finish by this year's third quarter.

 

Design plans for the ports involved in the project should be completed by the year's end. They intend to finalise designs for railway tracks and inter-city motorway by 2024. The government aims to choose a contractor by the third quarter of 2025 and sign the contract in early 2026.

 

 

The construction will happen in three phases, starting from 2026 and finishing in 2030. The next phases will happen from 2031 to 2034 and then from 2035 to 2036. The project introduces the development of a port in the Ranong province, facing the Andaman Sea, and another in Chumphon which faces the Gulf of Thailand. They will also invest an additional 358.52 billion baht into inter-city motorway and railway infrastructure.

 

Suriya noted the project's positive financial outlook, with an expected internal rate of return of 8.62%. The breakeven point is expected 24 years after operations commence. He also stressed the considerable economic impact of the Land Bridge, forecasting it to create 280,000 jobs in the provinces of Chumphon and Ranong and significantly increase the country's GDP.

 

File photo for reference only

 

news-logo-btm.jpg

-- 2024-07-02

 

Get our Daily Newsletter - Click HERE to subscribe

  • Confused 1
  • Sad 1
Posted (edited)

Probably but even the Chinese will see the poor return on the land bridge concept and rather just load/offload in yangoon and use the railway to China 

Edited by ugghuggh
Posted
12 hours ago, Henk Langeweg said:

Why do they call it a landbridge and not just canal?

Because it's not a canal?

  • Haha 2
Posted

I still think a canal would be better over the long term. Unloading, then loading again sounds cost ineffective. Overland has got to be more expensive.

  • Agree 1
Posted

How many train cars would be necessary to move the containers of even 1 large bulk carrier vessel? And guessing it would take more than a day or 2 or 3 to unload/load a large carrier.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...