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The Land Bridge Project aims to link the Gulf of Thailand with the Andaman Sea, resulting in a more efficient transportation network for the region. The project is expected to be approved by the cabinet in June 2023, and construction is planned to begin in 2025 with an estimated completion date of 2030. [12] [10] [11] [3] [9] [13]
The East–West Economic corridor is an economic development program initiated in order to promote development and integration of 5 Southeast Asian countries, namely: Myanmar, Thailand, Laos, Cambodia and Vietnam. The concept was agreed upon in 1998 at the Ministerial Conference of the Greater Mekong Subregion, organized in Manila, the Philippines.
Project Monitor, an Asian infrastructure news website, has commented that "early beneficiaries of the Asian Highway project are the planners within the national land transport department of the participating countries [since] it assists them in planning the most cost-effective and efficient routes to promote domestic and international trade ...
Thailand was in conflict with Vietnam because of Thai opposition to Vietnam's occupation of Cambodia. Border raids were launched between both nations, damaged much of Cambodia, and further soured relations. Hostility between Thailand and Vietnam ended in 1989, when Vietnamese forces withdrew from Cambodia.
The Office of Transport and Traffic Policy and Planning or OTP (Thai: สำนักงานนโยบายและแผนการขนส่งและจราจร) is a department of the Thai government, under the Ministry of Transport.
The Thai government approached the World Bank for funding, but was turned away as, in the eyes of the bank, the project lacked "economic rationality". [6] Japan rescued the project by providing a modest 178.8 billion yen (US$1.6 billion) in loans, underwriting the construction of 16 projects: ports, roads, waterworks, and industrial parks.
On June 19, 2010, after a month of deliberation, Vietnam's National Assembly rejected the high speed rail proposal due to its high cost; National Assembly deputies had asked for further study of the project. [30] [32] In 2018 a new feasibility study was submitted and based on that the government wants to reconsider the cost-benefit of the project.
The project was meant to have a cost of $1100 million. [3] The finalised version of the project consisted of three light rail transit lines which are Sathorn Line, Rama IV Line, and Saphan Phut Line, with the depot located in Huai Khwang district (current location of Phra Ram 9 depot of MRT Blue Line). The project was expected to begin in 1981 ...