(Reuters) - The 310 km pipeline aims to cut time and costs
by bypassing the crowded Malacca Strait, but observers have
been skeptical as similar ventures for a Southeast Asian
shipping short-cut over the past few decades have failed to
materialize.
Compounding these doubts is the fact that the pipeline
project is being developed by a small, loss-making company
owned by two little-known Malaysian businessmen.
Read more at Reuters.com Business News
by bypassing the crowded Malacca Strait, but observers have
been skeptical as similar ventures for a Southeast Asian
shipping short-cut over the past few decades have failed to
materialize.
Compounding these doubts is the fact that the pipeline
project is being developed by a small, loss-making company
owned by two little-known Malaysian businessmen.
Read more at Reuters.com Business News
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