Dubai World and Thai Government sign landbridge MOU
Dubai World Chairman HE Sultan Ahmed Bin Sulayem signed an agreement with the Thai Government that could pave the way for a landbridge linking the Andaman Sea and the Gulf of Thailand in the south of Thailand.
The Memorandum of Understanding (MOU) enables the parties to undertake a feasibility study over the next year. Envisaged is the development of two new ports on each side of the peninsula with a connected land corridor which may include a special free zone or business park. The corridor could operate as a logistics centre and may include road and rail to handle the transfer of cargo.
Dubai World Chairman Sultan Ahmed Bin Sulayem said: ‘This is an important first step in developing world class supply chain services that will serve Thailand and the region far into the future. We are very pleased to be working with Thailand on this feasibility study.’
Dubai World has several investments in Thailand, including DP World-operated Laem Chabang International Terminal (LCIT) at Laem Chabang Port, hotels and r
