The Straits of Malacca

Thai Ambassador: Kra Canal is a no go

“The return on investment is not attractive enough to go ahead with the plan. International canals like Panama and Suez have been effective because they are essential to trade, cutting off weeks and months of travel," Damrong Kraikruan, Ambassador of Thailand to Malaysia, said in a special media briefing held in Kuala Lumpur.“The most Kra Canal would save shippers is only a few days. Another factor to consider is would west-going ships use it or will they go down to Singapore?

29 September 2017
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