The Deo Ca Group and Petroleum Trading Lao Public Company have just proposed to the Ministry of Transport to build a railway line that would run through Vung Ang - Tan Ap - Mu Gia in the two central provinces of Ha Tinh and Quang Binh to Vientiane.
According to the proposal, the 103-km track would cost VND27.48 trillion. The project will have eight stations and serve both passenger and freight trains at a designed speed of 150 km per hour.
The Deo Ca Group and Petroleum Trading Lao Public Company committed to fund the feasibility report and a detailed plan for local authorities approval.
The track belongs to the 554-kilometre VND 149.55 trillion Vung Ang-Vientiane railway line.
The project has been approved by the government for the 2021-2030 period with a vision to 2050.
The track,which connects the port city of Vung Ang in Vietnam with Laos’ capital Vientiane, is expected to further boost trade and bilateral ties between both countries and transform Laos into a land-linked country that can facilitate more trade between its provinces, and ASEAN neighbours.
