Thailand Land Bridge to speed goods transit Spurred on by the chaos in the Strait of Hormuz, Thailand plans to build a $30 billion land corridor to offer a faster, cheaper route for goods travelling through the congested Strait of Malacca LAND BRIDGE v MAJOR PORTS ON STRAIT OF MALACCA LAND BRIDGE Estimated 30% cheaper and 14 days faster than shipping through Strait of Malacca THAILAND New deep-water ports: Ranong Chumphon 90km railway Andaman Sea Gulf of Thailand Strait of Malacca Bangkok Port Klang Port Tanjung Pelapas Port of Singapore MALAYSIA INDONESIA CAPACITY Land Bridge 20 million TEU* *Twenty-foot equivalents – standard shipping container 15m 14m 45 million TEU TRANS-SHIPMENT CARGOES 80% of container traffic at Malacca ports is transferred between vessels Approx $3.5 trillion in global trade Sources: Reuters, SeaTrade Maritime News © GRAPHIC NEWS