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#1
21-05-2015, 12:50 AM
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China Digging Kra Canal in Secret?
An honorable member of the Coffee Shop Has Just Posted the Following:
From hwz [ I think the kra tunnel is going ahead, as currently there are 4 LCs required to be issued by banks i know. The equipment is huge quantity and its mostly dredging and tunneling equipment The port of unloading is Prachuab Khiri Khan Port, Thailand, port of loading is Beihai Port, China Why would someone need so much dredging equipment to be sent to that port? To help plant rice? One thing to note usually this type of amount of LCs are not issued to private entities but the gurantor is a certain govt. I cannot say more, but china might be digging the Kra tunnel in secret. Then again i could be wrong and maybe US $6B of dredging equipment is really used to plant rice ] Link: http://forums.$$$$$$$$$$$$.com.sg/eat-drink-man-woman-16/us-$6b-letter-credit-dredging-equipment-5056435.html Click here to view the whole thread at www.sammyboy.com. 
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