The US Trade and Development Agency (USTDA) has granted funds to the Thai Ministry of Transport’s Office of Transport and Traffic Policy and Planning (OTP) to improve Thailand’s supply chain and reduce carbon emissions in its freight transportation system.
The USTDA will identify infrastructure, technology, and operational improvements to strengthen Thailand’s intermodal transportation system.
Additionally, technical designs for specific intermodal facilities will be developed as proof of concept to demonstrate the effectiveness of integrated freight operations between road and rail carriers.
“This project will reduce carbon dioxide emissions, improve road safety, and increase the efficiency of Thailand’s transportation infrastructure,” said USTDA Director, Enoh T. Ebong.
“Our partnership with the Ministry of Transport will support Thailand’s efforts to establish itself as a regional transportation and logistics hub, and provide opportunities for US companies to participate in one of Southeast Asia’s most significant clean transportation initiatives.”
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The project’s objectives are in line with USTDA’s Global Partnership for Climate-Smart Infrastructure, which aims to connect US industries to clean energy and transportation infrastructure projects in emerging economies.
Furthermore, it supports the Indo-Pacific Economic Framework’s goals by enhancing supply chain logistics and strengthening vital transportation infrastructure connections.
Last month, Dubai-based World Logistics Passport (WLP) signed two Memoranda of Understanding (MoUs) with the Thai Logistics Service Provider Federation (TLSPF) and the Thai National Shippers’ Council (TNSC).
These agreements aim to promote the growth of logistics businesses for exporters and shippers in Thailand and to enhance trade opportunities, reducing costs through WLP’s global network of international traders and freight forwarders.