Thailand is seeking investors for a $28bn landbridge across country's south allowing shipping bypass to the Malacca Straits, reviving Kra Canal project.
The land bridge project is designed to provide a new trade route between the Indian and Pacific Oceans, potentially bypassing the Malacca Straits, by linking two deep sea ports on Thailand’s eastern and western coasts via a rail and road system.
In December 2014, the Thai and Chinese governments signed a memorandum of understanding on railway infrastructure cooperation within the framework of the Thailand Transport Infrastructure Development Strategy 2015-22.The event marked the 40th anniversary of diplomatic ties between Thailand and China.
Indonesia will ban the sale of RON-88 and RON-89, its two most-polluting gasoline, taking effect from January 1 next year, according to a new resolution of the Indonesia Ministry of Energy and Mineral Resources.
The very first Thailand-China Investment Forum kicked off on November 3 in Bangkok, with the Prime Minister of Thailand presiding over the opening ceremony. Strategic partnership was emphasized at the gathering.