Beijing-backed US$6.7 billion high-speed railway project threatens to bust the small nation’s already fragile financesRead more
Prime Minister Thongloun Sisoulith will officially launch the start of construction for the Laos-China railway project at a ceremony on December 25.The ceremony to kick off railway construction will take place in Luang Prabang district’s Phonxay village where a railway bridge spanning the Mekong River will ….Read more
For the southwestern city of Kunming, China’s plan to extend a high-speed rail link 3,000 km (1,875 miles) south to Singapore is already a boon: pristine expressways, a gleaming station and something of a real estate boom, as young buyers crowd property showrooms.
In Laos, work has yet to start on what should be the first overseas leg of a rail line stretching throughout Southeast Asia. The country, one of the region’s poorest, could struggle to finance even part of the …
Lao authorities plan to hold talks with a foreign investor to discuss why they have yet to begin the US$5 billion Savan-Laobao rail project, a senior government official said.
The Lao government signed an agreement with the Malaysia-based company, Giant Consolidated Limited, in November 2012 to develop the 220km high-speed rail to link central Savannakhet province to Laobao on the Vietnam border.
The investor announced the project would begin in early 2013 with completion slated within the next four years, however significant action has yet to be taken to …..
Laos is to have its first high-speed rail link after a contract was signed yesterday to lay tracks between Savannakhet province and the Vietnam border.
It is estimated that the US$5 billion project, to be financed by a Malaysian company, will be completed in five years, at which point Savannakhet will have a direct rail link to Lao Bao on the Laos-Vietnam border. The project will form part of a planned railway that will eventually link most of Southeast Asia.
When the entire planned rail link is completed, it will provide a non-stop connection to Singapore, through Thailand and Malaysia, into Kunming province, China, and through Vietnam. At the moment, public transport on this route is …..