World

Chinese firm interested in Thai landbridge project

The China Harbour Engineering Company Ltd (CHEC) is interested in a proposed 1-trillion-baht (27.4 billion USD) landbridge project that will link the Gulf of Thailand and the Andaman Sea, according to the Thai government.
Bangkok (VNA) - The China Harbour Engineering Company Ltd (CHEC) isinterested in a proposed 1-trillion-baht (27.4 billion USD) landbridge projectthat will link the Gulf of Thailand and the Andaman Sea, according to the Thai government.

Government spokesman Chai Wacharonke said that CHEC Chairman Wang Tongzhouexpressed the interest during a meeting with Prime Minister Srettha Thavisin inBeijing on October 18.

Srettha, who was visiting China for the Belt and Road Forum, welcomed the interest and suggested the company could discuss promotionalprivileges with the Board of Investment of Thailand.

The project envisioned for Chumphon and Ranong, firstproposed by the previous government, is expected to be completed in 2039 tofacilitate transport between the Gulf of Thailand and the Andaman Sea,according to Chai.

Planned as a public-private-partnership, the project will include deep-seaports in Chumphon and Ranong, an inter-city motorway, oil pipelines and double-trackrailways.

The government will conduct roadshows to promote the projectto investors from November to January. Land expropriation is expected to takeplace from January 2025 to December 2026.

The government will receive investment proposals frominternational bidders from April to June 2025 and announce bidding winners inAugust of the same year. It expects construction to begin in September 2025./.
VNA
#China Harbour Engineering Company Ltd#landbridge project#Gulf of Thailand#Andaman Sea#Vietnam#Vietnamplus#Vietnam News Agency
Follow VietnamPlus

Related News

Thailand focuses on development of strategic sectors

Thailand focuses on development of strategic sectors

Thailand has approved investment applications worth a combined 41 billion THB (1.1 billion USD) in projects including the manufacturing of electric vehicles (EV), the generation of renewable energy from waste, data centres, and travel and tourism infrastructure and equipment.
Small cities can help promote Thailand's growth

Small cities can help promote Thailand's growth

Cities in Thailand outside Bangkok can accelerate the country's growth but will need to find ways to access private capital to improve urban infrastructure, according to a study by the World Bank (WB).
Thailand introduces sustainable development roadmap

Thailand introduces sustainable development roadmap

Thai Prime Minister Srettha Thavisin announced Thailand's sustainable development roadmap and showed the country's interest in promoting cooperation with China within the Belt and Road Initiative (BRI) during the third Belt and Road Forum (BRF) in Beijing on October 18.

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.