Thailand to scrap $38.3 billion land bridge project after study

AI Summary

Thailand has decided to scrap its $38.3 billion land bridge project after feasibility studies, abandoning plans that would have created a major new shipping route through the Kra Isthmus. This marks a significant policy shift away from large-scale infrastructure development.

The pitch for the land bridge project replaced a decades-old Thai proposal to dredge a canal through the Kra Isthmus.