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14-03-2014, 07:10 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
China Firms to Lead Canal Building in Thailand
MENAFN - - 3/13/2014 7:12:57 AM
China Firms to Lead Canal Building in Thailand
BEIJING, Mar 13, 2014 (Menafn - SinoCast Daily Business Beat via COMTEX) --Thailand has had ideas to build a canal in Kra Isthmus long time ago, however, failed to implement the plan limited by labor forces and material resources.
With the progress of partnership between China and the ASEAN, Kra Canal may become reality. A work team formed by Chinese companies including Sany Heavy Industry Co., Ltd. (shse:600031), Xuzhou Construction Machinery Group Co., Ltd. (XCMG) and Guangxi Liugong Machinery Co., Ltd. (szse:000528) has begun operation.
Kra Canal is situated in Indo-China Peninsula, as planned, will cut through Indian Ocean and Gulf of Thailand, lengthening 100 kilometers as longest manual canal in Asia.
After opening of Kra Canal, trades between the ASEAN and the world will no longer go through Strait of Malacca, because Kra Canal is more than 1,000 kilometers shorter and will save shipping and time costs greatly. By then, the ASEAN, China and even Japan and the whole world will benefit from the canal.
Source: www.163.com (http://www.163.com) (March 13, 2014)
Click here to view the whole thread at www.sammyboy.com (http://singsupplies.com/showthread.php?177162-China-plans-to-build-Kra-Canal-end-of-Sinkapoor-is-near&goto=newpost).
China Firms to Lead Canal Building in Thailand
MENAFN - - 3/13/2014 7:12:57 AM
China Firms to Lead Canal Building in Thailand
BEIJING, Mar 13, 2014 (Menafn - SinoCast Daily Business Beat via COMTEX) --Thailand has had ideas to build a canal in Kra Isthmus long time ago, however, failed to implement the plan limited by labor forces and material resources.
With the progress of partnership between China and the ASEAN, Kra Canal may become reality. A work team formed by Chinese companies including Sany Heavy Industry Co., Ltd. (shse:600031), Xuzhou Construction Machinery Group Co., Ltd. (XCMG) and Guangxi Liugong Machinery Co., Ltd. (szse:000528) has begun operation.
Kra Canal is situated in Indo-China Peninsula, as planned, will cut through Indian Ocean and Gulf of Thailand, lengthening 100 kilometers as longest manual canal in Asia.
After opening of Kra Canal, trades between the ASEAN and the world will no longer go through Strait of Malacca, because Kra Canal is more than 1,000 kilometers shorter and will save shipping and time costs greatly. By then, the ASEAN, China and even Japan and the whole world will benefit from the canal.
Source: www.163.com (http://www.163.com) (March 13, 2014)
Click here to view the whole thread at www.sammyboy.com (http://singsupplies.com/showthread.php?177162-China-plans-to-build-Kra-Canal-end-of-Sinkapoor-is-near&goto=newpost).