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A newspaper in Thailand (Thai Daily) has reported that China is considering the feasibility of building a 100-kilometre canal in South Thailand that would connect the Pacific and Indian Oceans.
The completed 26-metre deep canal, estimated to cost $20 billion, would cut shipping times by about 48 hours and reduce the congestion expected to develop in the Malacca Straight over the next ten years. Details will be announced on February 21st at a seminar on China’s Maritime Silk Road Initiative, created to revive the country’s historic trade routes across Asia.
For more information, contact David Lychek, Manager – Ocean & Air Services.
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