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Researchers from Chulalongkorn University's Transport Institute have raised serious concerns about Thailand's proposed bridge project, indicating significant competition challenges with regional shipping routes. The project may struggle to achieve the anticipated economic returns without comprehensive industrial development.
Thailand's Finance Minister, Ekniti Nitithanprapas, announced that the committee responsible for the land bridge project will review prior studies in light of changing global contexts, aiming to reach a decision within 90 days.
Thailand's Deputy Minister of Transport, Siripong Angkasakulkiat, announced the Southern Land Bridge project aimed at enhancing trade, especially as the Malacca Strait approaches its maximum capacity in ten years.
The Democratic Movement in Parliament has called for the formation of a committee to review the government's proposed land bridge project, citing concerns over transparency and economic feasibility. This comes as the government hastens to advance the project without adequate study.
Danucha Pichayanan, Secretary-General of the National Economic and Social Development Council of Thailand, confirmed that the council has not yet begun a formal study of the proposed land bridge project. This statement counters claims that the project is economically unviable.
Thai Prime Minister <strong>Anutin Charnvirakul</strong> emphasized that the <strong>Land Bridge Project</strong> is a priority for the <strong>Palang Pracharath Party</strong>, reflecting current construction costs and shifts in global trade dynamics. The initiative aims to connect deep-sea ports between the Andaman Sea and the Gulf of Thailand.