27/07/2026
Nine of the worldβs 10 largest shipping lines have already invested in competing projects, leaving limited interest in the πΉπ land bridge proposal, the official spokesman said. π§π§
The study also showed the projectβs expected financial return had fallen to 4.8 per cent from 8 per cent, while cargo volumes were projected to be as much as 16 per cent lower than previously estimated. π§π§
The Straits of Malacca will remain the dominant (~22%) & most critical global maritime waterway => shortest + most efficient sea route between Middle East energy countries & major Asian economies (China, Japan & Southeast Asia).
The pitch for the land bridge project replaced a decades-old Thai proposal to dredge a canal through the Kra Isthmus. Read more at straitstimes.com. Read more at straitstimes.com.