Thailand Advances $29 Billion Landbridge Rail Project, Aims for Regional Connectivity

Thailand is advancing two major infrastructure projects aimed at enhancing regional connectivity. The $10 billion high-speed railway project, connecting Nakhon Ratchasima to Nong Khai, aims for completion by 2031 and is expected to significantly boost economic growth and cultural exchanges under China's Belt and Road Initiative. Concurrently, the proposed $29 billion 'Landbridge' project seeks to establish a transport link that would allow ships to bypass the busy Malacca Strait, connecting the Indian and Pacific Oceans more efficiently. Draft legislation for both projects has been unveiled, with the Landbridge initiative focusing on developing a special economic zone in southern Thailand. The government is actively seeking foreign investment and plans to expedite the projects to enhance Thailand's logistics and infrastructure. These developments reflect Thailand's commitment to fostering economic ties within Southeast Asia and beyond.