Laos to build railway to Vietnam
- Published: 14 Nov 2012 at 19.19
- Online news:
Construction work on a US$5 billion (195 billion baht) railway linking Laos to Vietnam is scheduled to begin in January, media reported on Wednesday.
Giant Consolidated Limited, the Malaysian investor in the project, expects to begin construction in January on the 220-kilometre-long track linking Savannakhet to Laobao on the Lao-Vietnamese border and complete it within four years, the Socio-Economic newspaper reported.
The contract to build and operate the railway was signed on Nov 5. Giant Consolidated Limited was granted a 50-year concession to operate the rail link, which will form part of the East-West Corridor linking Malaysia to Thailand, Laos and Vietnam by rail.
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