Thailand courts Singapore for 31 billion dollar project

The Thai government is reviving a logistics link between the Indian and Pacific oceans to bypass shipping chokepoints. A formal proposal is expected by July.

Xurve View

The government of Thailand is revitalizing a decades-old proposal to construct a massive logistics corridor connecting the Indian and Pacific oceans. The renewed push for the $31 billion "Land Bridge" project comes as recent geopolitical instability in the Strait of Hormuz highlights the fragility of global maritime chokepoints and the need for alternative shipping routes.

An illustrative map highlighting the strategic importance of the Strait of Hormuz, a critical global maritime chokepoint. REUTERS/Dado Ruvic/Illustration/File Photo
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