Prime Minister Srettha Thavisin announced that a multinational logistics firm, Dubai Ports (DP) World, has expressed interest in investing in Thailand’s Land Bridge megaproject, which is valued at 1 trillion baht.
During a side event titled “Thailand Land Bridge: Connecting ASEAN with the World” at the World Economic Forum in Davos, Switzerland, Prime Minister Srettha met with Sultan Ahmed bin Sulayem, the Chairman and CEO of DP World.
Mr. Srettha mentioned that DP World is keen to invest in the Land Bridge project and plans to send company representatives to Thailand for discussions and site assessments.
Transport Minister Suriya Jungrungreangkit will accompany the DP World team during their survey of the project locations, according to the Prime Minister.
Headquartered in Dubai, United Arab Emirates, DP World operates in over 69 countries and provides logistics services.
It is also a stakeholder in Laem Chabang International Terminal Co Ltd, a partnership managing container terminals at Laem Chabang Port in Chon Buri province, Thailand’s main international port.
The ambitious Land Bridge megaproject, worth 1 trillion baht, aims to establish a logistics network linking Ranong and Chumphon provinces.
The project includes constructing deep-water ports in both provinces, a connecting motorway, and a railway system.
At Davos, Prime Minister Srettha also engaged in discussions with Belgian Prime Minister Alexander De Croo, focusing on initiating direct flights from Brussels Airport to Thailand.
They also explored ways to facilitate visa applications for Thai passport holders to Europe and the potential for a free trade agreement with the EU.
On the social media platform X, Prime Minister Srettha shared his interaction with Bill Gates, the co-founder of Microsoft, at the WEF.
“I seized the opportunity to showcase Thailand’s potential and discuss the possibility of Microsoft establishing a data centre in Thailand,” said Mr. Srettha.
“I had already discussed this matter with Satya Nadella, the current Chairman and CEO of Microsoft, in San Francisco.”
