Thailand is seeking investors for a $28 billion landbridge across the Isthmus of Kra which would allow shipping bypass the busy sea route of Malacca Straits, reviving the centuries old Kra Canal project.
The Saudi Ports Authority (Mawani) and Saudi Global Ports (SGP) have inked a deal to build a Fully Logistics Park spanning over 1 million square meters at King Abdulaziz Port in Dammam, with an investment nearing one billion Saudi Riyals.