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Thailand Proposes $20bn Silk-Road-Canal

2015-02-04 08:33:20       source:Port Technology

February 3, 2015


"According to World Maritime News, a feasibility study of the new canal has already been conducted and shows that the 26-metre-deep and less-than-100-kilometre-long waterway would cost around US$20bn.


Upon completion, the canal is to offer a route that will allow ships to avoid sailing through the Malacca Strait, a region that is expected to become heavily congested in the next ten years.


The canal is also anticipated to save up to 48 hours for shipping companies transiting routes between Asia and Europe."


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