Contract Logistics

Thailand an Integral Transportation and Logistics Hub for China Says Knight Frank

Thailand an Integral Transportation and Logistics Hub for China Says Knight Frank
Logistics Manager

Knight Frank Thailand has released a report detailing Thailand’s place as an integral transportation hub for China in Southeast Asia.

Executive Director and Head of Occupier Services & Commercial Agency Department for Knight Frank Thailand, Mr. Marcus Burtenshaw said, “The fraternal bond of cultural and familial ties between Thailand and China has been established for over 200 years, but Chinese direct investment in the property sector has been limited by Thailand’s foreign land ownership restrictions.”

Sino-Thai joint ventures have always been an integral part of the manufacturing and trading sectors, however, it was the partnership between Thai public-listed Amata PCL, developer of industrial estates and the Holley Group from China that has been most notable. These two companies through their partnership have developed Thai-Chinese Rayong Industrial Park located in the Kingdoms Eastern Economic Corridor.

The development resulted in an investment of $2.5 billion from nearly 100 Chinese manufacturers taking advantage of China’s ‘Go Out’ policy. The park now employs over 3,000 Chinese workers and over 20,000 Thai nationals.

Thailand Transportation Logistics Hub Knight Frank

Mr. Marcus Burtenshaw

The planned $5.2 billion, the 256-kilometre railway from Bangkok to the Northeastern province of Nongkhai near the border of Laos received the Thai government’s approval and exemplifies Thailand’s role as one of the leading transportation and logistics hubs for China in South East Asia.

For the first phase of the new railway project, Chinese expertise in the relevant fields will be called upon to help develop the new network. When complete the new railway will link Singapore and Malaysia to China Via Thailand and Laos.

Mr. Burtenshaw of Knight Frank finally commented about future plans, “Aside from the growing presence of Chinese corporates in manufacturing and e-commerce sectors, we expect to see more JVs to be formed in the hospitality sector as a way to capitalize on the growing numbers of tourists flocking to get ‘Lost in Thailand’, and expect further Chinese participation in infrastructure developments in rail networks and possibly even the Kra Isthmus Canal project, which could shorten the Maritime Silk Road by 1,200 km, reducing the shipping time of Chinese commodities to Europe.”

More in Contract Logistics

DSV Announces Plans to Build a Gateway to Scandinavia

Danny GillApril 22, 2019
Rhenus Acquires Miami-based Freight Logistics Group

Rhenus Acquires Miami-based Freight Logistics Group

Logistics ManagerApril 18, 2019
KN Pledge Unveiled by Kuehne + Nagel

KN Pledge Unveiled by Kuehne + Nagel

Logistics ManagerApril 18, 2019
SEKO Logistics Omni-channel Solutions Boosts Sales of Canyon Bicycles in the US

SEKO Logistics Omni-channel Solutions Boosts Sales of Canyon Bicycles in the US

Logistics ManagerApril 11, 2019

Nippon Express Logistics Indonesia Completes Construction of Logistics Center

Danny GillApril 10, 2019
Panalpina Singapore Unveil Biodiesel Trucks

Panalpina Singapore Unveil Biodiesel Trucks

Logistics ManagerApril 5, 2019
Titan-VNS Create New Logistics Alliance with Albatross Logistics

Titan-VNS Creates New Logistics Alliance with Albatross Logistics

Logistics ManagerApril 5, 2019
Arvato SCM Solutions Launches New Warehouse Facility in Hong Kong

Arvato SCM Solutions Launches New Warehouse Facility in Hong Kong

Logistics ManagerMarch 27, 2019

Rhenus Acquires Rodair Group and Establishes Network in Canada

Danny GillMarch 20, 2019
LM is the leading source of logistics and cargo news within ASEAN and is regarded as one of the most authoritative sources of information. Our subscribers keep up to date with the latest logistics news, views, features and events within ASEAN and beyond.
AFL Real Logo

Airfreight Logistics is the air cargo professional’s number one provider of news and information in ASEAN and around the World. To keep abreast of all the latest news and for in-depth features visit our website www.airfreight-logistics.com

UpMedio

Subscribe to our newsletter!

© 2015 Logistics Manager | About Us | Advertise | Subscribe | Contact | thai Thai Version