Influential Thais Push To Build $28Bn Kra Canal

[Mekong]

It would have to be some incentive. At present 84,000 per annum pass through the Straits 7,000 per month. A comparable “shortcut” the Panama Canal charges approx $10.000 per ship which equates to $70 Million per month. The saving to carriers would be $350,000 in fuel costs and 3-4 days sailing time. They could change 10 fold and carriers would still pay.

Estimated at $30 Billion to construct it would be in profit after 35 years operation (at 10K per Vessel). Finance would be from Exim (Export/Import) Bank of China who no doubt would receive a proportion of toll fees direct until loan is paid off.

Many Asian nations use the Exim Bank model to finance projects in their own interest. When I was in a Vietnam it was no different. 

[My Penis is hungry]

Looking at swampy,I suspect there is a significant incentive

 

When do Thai leaders care about what's best for Thailand?

[Mekong]

2 hours ago, My Penis is hungry said:

When do Thai leaders care about what's best for Thailand?

It’s not about Thailand, it’s all about China

[My Penis is hungry]

Yes - BUT - it needs Thais to approve,

 

That's where the corruption is.

 

Sillypore may "protest" (using envelopes?)

 

China may do the same

[Mekong]

Who was the last Thai PM who WASN’T” Thai Chinese, and this Junta, like previous is more Pro Beijing than Washington.

12% of Thai Exports go to China

5.2 Million Chinese Tourists

7.6% GDP China Exports and Tourism Combined 

These and many more facts Here

Basically Thailand cannot afford to Piss China off