PUBLISHED: 25 May 2024 at 09: 39
Businesses in Italy are interested in investing in Thailand’s Land Bridge proposal which may, in turn, improve the country’s road system, Transport Minister Suriya Jungrungreangkit monday said.
Mr. Suriya said the discussions involved exchanging technical expertise and promoting trade and investment between the two countries after meeting with top executives of European private firms.
Additionally, the discourse covered a variety of investment strategies, particularly those involving the land bridge project that connects the Andaman Sea and the Gulf of Thailand coastline.
According to him, Fincantieri, Italy’s leading manufacturing company, showed involvement in investing in the venture. He claimed that the business could take part in various port development projects and provide maintenance for cargo ships.
In addition, Webuild, a leading provider of civil engineering and construction services, made a proposal for large-scale system structure technology and expressed interest in funding the project.
Additionally, Mr. Suriya mentioned that Paolo Barletta, the CEO of Arsenale Group, a luxury hospitality developer, has expressed his desire to work with the State Railway of Thailand ( SRT ) to upgrade train carriages to a luxury level that fits with Thailand’s long-term tourism strategy.
A Milan- Rome- Milan way that is anticipated to open in November is being created in collaboration with Arsenale and Ferrovie dello Stato Italiane.
Mr Suriya said he also met with Michele Straniero, vice chairman of Blue Engineering &, Design, a firm specialising in successful mechanical, rail, and aircraft architectural design. The department hoped to use this information in upcoming events.
Also, the transport secretary talked with representatives from Nplus, who presented systems for inspecting the quality of equipment.
He claimed that the business was well-known for its device systems and applications that analyze, alert, and accurately report structure sturdiness.