A high-speed railway connecting Laos and Vietnam, the first of its kind, will soon enter its construction phase and is expected to be operational in the next five years.
The US$5 billion project will be funded by Malaysia's Giant Consolidated Limited group.
A signing ceremony for the construction contract was held in the Lao capital city of Vientiane on Monday in the presence of Lao Prime Minister Thongsing Thammavong and Malaysian Prime Minister Najib Tun Abdu Razak.
The high-speed railway spans 220 km, running from the Lao central province of Savannakhet to the Lao Bao border gate of neighbouring Viet Nam.
The railway will be part of the Southeast Asian railway network, which when completed will ensure uninterrupted connectivity between Laos and nearby countries and the city of Kunming in Yunnan Province, southern China.
High-speed railway to link Laos, Vietnam
A high-speed railway connecting Laos and Vietnam, the first of its kind, will soon enter its construction phase and is expected to be operational in the next five years.
Source: VNS
