Thai PM Srettha confident US$28b land bridge will be built, but project faces many hurdles
[BANGKOK] WHEN Thai Prime Minister Srettha Thavisin visited San Francisco recently for the Asia-Pacific Economic Cooperation summit, he had other plans on his agenda too.
Known by his peers as a top salesman, the 61-year-old former property tycoon spent time in the US to make a business pitch to a group of deep-pocketed investors in the form of a 100-km land bridge.
This massive US$28 billion infrastructure project would see a bridge built between the Indian and Pacific Oceans that would open up an alternative route to the Strait of Malacca, and give ocean liners options other than the likes of Singapore and Malaysia.
TRENDING NOW
Government to bring forward raising of retirement age, give employers more financial support to create flexi-load jobs
Indonesia stocks suffer worst plunge in nearly 30 years as MSCI proposes standalone status
If Europe goes to war, the fallout will be felt in East Asia
Natural gas to stay for the long haul beyond 2050: Singapore International Energy Week panellists