M'sian firm proposes to build rail line from Songkhla to Penang


Thai Ambassador Damrong Kraikruan press briefing on the launch of rubber city ,off hatyai southern of thailand

KUALA LUMPUR: A Malaysian company has proposed to build railway tracks linking the sea ports of Penang and Songkhla, said Thailand’s ambassador to Malaysia Damrong Kraikruan.

Thai and Malaysian government representatives are expected to meet in the next few weeks to dwell on the subject, he said, adding that the proposal was mooted by a company which is said to be related to a renowned Malaysian tycoon with a link to the Penang Port.

This idea will benefit both ports as they can serve as transit ports before goods are shipped to international destinations, he told a media briefing on the Malaysia-Thailand trade and investment ties in Kuala Lumpur on Thursday.

This proposal is new and unheard of other than the multi-billion dollar Kra Canal plan, which was tossed as early as 1677 but was not taken up due to cost and environmental concerns.

With renewed interest in the canal plan from Thailand, if it were to materialise, the canal could pose a challenge to ports along the Straits of Melaka such as Port Klang and Tanjung Pelepas Port, as well as the Singapore Port.

The proposed Penang-Songkhla rail line is expected to shorten the transit time of shipment of goods to nine hours compared to nine days via the Straits of Melaka.

Commenting on the Malaysian-Thai relations, Damrong said Thailand had been overlooked by Malaysian business leaders despite its vast opportunities and infrastructure.

“For instance, Thailand has road access to China, and other Indo-Chinese countries, which would benefit Malaysian businesses,” he said.

Malaysia is Thailand’s sixth trading partner and the total trade between both countries stood at US$20bil in 2016. - Bernama
Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

   

Next In Business News

AME REIT plans to acquire industrial properties in Johor for RM69.3mil
MRCB bags contract for car park operations at Menara Shell, Platinum Sentral
Bursa Malaysia ends lower
Bursa Malaysia CEO takes over as chairperson of CEO Action Network
No merger of AirAsia's aviation business - Tony Fernandes
G7 price cap on Russian oil kicks in, Russia will only sell at market price
Cagamas concludes issuance of RM1.09bil bonds, sukuk
Bursa Malaysia aims for 300 PLCs to participate in transformation programme by 2025
Oil prices climb after Opec+ keeps output cut targets, China eases Covid curbs
Chinese snack maker Weilong Delicious aims to raise up to US$141mil in trimmed-down Hong Kong IPO

Others Also Read