Savannakhet-Lao Bao railway construction due in December
(VOV) -The first phase of a 220km high-speed railway project, connecting Laos’ Savannakhet province with Lao Bao Border Gate on the Laos-Vietnam border will get off the ground in December.
The information was released at a press conference by the Laos Ministry of Planning and Investment on June 27.
The US$5 billion project, financed by a Malaysian company, Giant Consolidated Ltd, will provide a non-stop connection to Singapore, through Thailand and Malaysia, into Kunming province of China, and then Vietnam.
Once completed, the railway line will help Laos facilitate trade exchanges, support East-West Economic Corridor (EWEC) integration, and promote economic growth in the Mekong Sub-region.