Thailand turns to South Korea for major projects


Suksit Srichomkwan, deputy secretary-general to the Thai prime minister. — The Korea Herald

SEOUL: As Thailand advances a sweeping plan to transform Asia’s logistics landscape, it is inviting South Korean firms to participate in its one trillion baht or about US$30.5bil infrastructure initiative: the Land Bridge.

The massive plan, spearheaded by the Thai government, aims to connect Chumphon on the Gulf of Thailand with Ranong on the Andaman coast via a 90km overland corridor of highways, railways and two deep-sea ports.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit ends marginally lower as greenback gets lift from positive US economic data
Exsim’s unit gets RM2.36mil job in an RPT deal
TH Plantations-Cenergi power plant boosts waste-to-energy solutions
MN Holdings wins RM122.7mil contracts for data centre power works
M&G enters JV to expand vessel maintenance and repair services
Binastra wins RM1.18bil building, infrastructure contracts in Johor
FBM KLCI retreats on profit-taking despite stronger GDP data
Indonesia’s B50 delay opens short-term export window for Malaysian palm oil
Taiwan aims to be strategic AI partner in US tariff deal
Oil prices inch up as market evaluates supply risks

Others Also Read