Synthesising the competency of the Thailand land bridge venture as the new overland intersections in the global trade

Abstract

This study provides a comprehensive assessment of the proposed Thailand Land Bridge Initiative, which aims to establish an overland trade route in the global trade network. The study meticulously examines the potential advantages and disadvantages of this endeavour, focusing on the implications for Thailand and Malaysia, using a methodological framework centred on document analysis. This analysis summarises critical findings to shed light on the intricate facets and impacts associated with its implementation. The research conducts a comprehensive evaluation that includes the financial, logistical, regulatory, and socio-economic aspects. The findings emphasise numerous obstacles and intricacies linked to the land bridge proposal. Financial forecasts and logistical evaluations indicate substantial uncertainties and risks, suggesting possible financial constraints and operational inefficiencies that could threaten the viability of the project for both Thailand and Malaysia. Furthermore, the regulatory landscape is a substantial barrier, as legal concerns and adherence to regulations provide considerable challenges to the seamless execution of the plan. The document analysis reveals the socio-economic consequences of the project, emphasizing the possible disturbance to nearby communities, changes in employment patterns, preservation of cultural heritage, and maintenance of environmental sustainability. These findings raise concerns about the project's socio-economic feasibility. This paper contends that the land bridge project for Thailand and Malaysia is inapt as an alternative for Malacca Strait. The text highlights the uncertainties linked to the suggested project and advocates for a careful strategy that gives importance to sustainable growth and lasting socio-economic stability.