Thailand Takes $28 Billion Malacca Strait Bypass Plan to US
- Premier Srettha urges US investors to join Landbridge project
- Project seen cutting shipping time by four days, costs by 15%
The Malacca Strait is the shortest sea route linking the Asia-Pacific region to India and the Middle East.
Photographer: Roslan Rahman/AFP/Getty ImagesThis article is for subscribers only.
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Thailand is pitching a multibillion-dollar project that will significantly cut shipping times between the Indian and Pacific oceans by bypassing the Malacca Strait — one of the world’s busiest sea lanes.