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Kra Canal plans announced
14/8/2017
A group of high powered officials and business leaders have revived plans to construct a 135km canal across Thailand. Set to cost 35AUD Billion, the canal would link the Indian and Pacific oceans. Its predicted to reduce sailing times by 2-3 days by avoiding the Malacca straight.
Dubbed the Kra Canal, 450-meter-wide route is predicted to reduce vessel berths in Singapore by as much as 30%. The development would impact trade lanes from China and Europe, Africa and the oil rich middle-east.
The canal has historically struggled to move beyond planning – As far back as the mid 16th century the then Thai King called for the construction of the canal. Not all are on board with the current proposal, with fears southern Muslim separatists will be buoyed by a physical separation from the north.
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