Giant Consolidated Limited, the developer of the US$5 billion Savan-Laobao rail project, has confirmed progress has been made in the preparatory stage of the 220km project to link central Savannakhet province with Laobao on the Vietnam border. Giant Consolidated had also signed a memorandum of understanding with the Vietnamese Government via the Quangtri Provincial Authority in 2009 to link the railway from Laobao to Dong Ha, to provide rail access right through to the My Thuy deep seaport in Vietnam. Since many construction materials will have to be imported, especially from other ASEAN countries, it will be only feasible once the AEC reduce import taxes within ASEAN countries. Read more: seawapa.co/2014/06/savan-laobao-railway-ongoing.html https://youtube/watch?v=Qu9xjpwIHUI
Posted on: Tue, 23 Dec 2014 10:47:13 +0000
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