PTT sets up logistics venture to tap BRIThe pilot transportation of agricultural goods from Thailand to China's Chengdu by rail. GML aims to help develop Thailand into a regional logistics hub to connect the local logistics system with global logistics networks, said Chansak Chuenchom, PTT's senior executive vice-president for engineering and infrastructure and chairman of GML. GML aims to transport goods through the rail system under the BRI that connects China with Laos, Thailand, Malaysia and Singapore. The company partners with Pan-Asia Silk Road, a logistics and cargo transport company, to transport goods via Laos to southern China. "Using a rail system for freight transport can save 20% of costs compared to road transport.

Source: Bangkok Post January 04, 2024 12:00 UTC