A 10-year-old plans for a major shipping canal across the south of Thailand have resurfaced in Thai media. The so-called Kra Canal would link the South China Sea and the Andaman Sea and could reduce the congestion anticipated to occur in the Malacca Strait over the next 10 years, according to a story in Maritime Executive magazine.
The $20 billion project would involve financing from China and create a 26m deep canal of less than 100km in length that would cut an estimated 48 hours off the current voyage time through the Malacca Strait.
The pre-feasibility study was expected to be unveiled at a seminar on China’s Maritime Silk Road Initiative on Feb. 21. A full feasibility study would take about a year to complete.