Vientiane – Vung Ang railway needs over US$5 billion
More than US$5 billion is needed to build a railway linking the Lao capital of Vientiane with Vung Ang seaport in Vietnam, according to research conducted under a technical support project for the railway’s feasibility study.
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| The research outcomes were transferred to the Ministry of Transport of Vietnam on May 3 (Source: Ministry of Transport) |
The research outcomes were transferred to the Ministry of Transport of Vietnam on May 3.
The Vientiane-Vung Ang railway is a key infrastructure project in the Association of Southeast Asian Nations (ASEAN), which connects Vietnam and Laos and also intersecting at a point with the Singapore – Kunming (China) railway.
The railway route has a total length of 554.72 km, with 102.7 km in Vietnam, running from Vung Ang seaport in central Ha Tinh province to the Vietnam-Laos border at Mu Gia mountain pass in central Quang Binh province.
The RoK suggested investing under the public-private partnership (PPP) form.
The Ministry of Transport asked the KOICA to persuade the RoK’s government to help with calling for investment for the project.
