ike Twee 4 • reddit Reply High-speed train on track for 2015 Like 12 Subscribe to Comments RSS Feed in this post One Response Athicha P. said: This speed train will dramatically decrease the logistics cost of products export from China….it will be interesting to see how this will impact commodity cost from Thailand, Vietnam and Laos. - November 8, 2012 at 9:57 am Leave a Reply Your email address will not be published. Name Email Website Comment Submit Comment Notify me of follow-up comments by email. Notify me of new posts by email. home / high-speed train on track for 2015 19 Click to enlarge Posted by Arno Maierbrugger on November 8, 2012 The high-speed train project linking Thailand, Laos and southern China’s Kunming province could start in 2015 in time for the launch of the Asean Economic Community, people with knowledge of the matter said on the sidelines of the Asia Europe Meeting in Vientiane from November 5 to 6. The project envisions a train capable of speeds of 200 km/h running from Yunnan province to Laos and Nong Khai in northeastern Thailand. From there, passengers and cargo can travel to Bangkok and Thailand’s industrial province of Rayong as well as south to Malaysia and Singapore. Work on the China-Laos route, which will cost $7 billion, is expected to begin shortly. The project will be financed by the Export-Import Bank of China under a 30-year loan, with China responsible for construction. Plans to build a train link from Kunming to Singapore were initiated by Chinese and ASEAN leaders at the seventh ASEAN summit in 2001. Construction on the project, ultimately covering 3,900 kilometers, began last year with the China- Vientiane link, with the entire line expected to be fully complete in 2020. Work on the Kunming-Yangon line and a larger project connecting Kunming with Vientiane, Bangkok, Kuala Lumpur and Singapore is expected to start later this year. Laos is now also developing a railway link to Vietnamat costs of $4 billion, the Vientiane Times reported on November 6. The construction will take five years to complete. The master concession agreement has been signed between the Laotian government and Giant Consolidated Ltd, a Malaysian company, to develop the 220 kilometer track from Savannakhet to Lao Bao, near the Vietnam border. You may also like Related posts: 1. Vietnam revamps high-speed train project 2. Hydropower, mining boost growth in Laos 3. Myanmar to become rail transport hub 4. Vientiane to get 21st century skyline 5. Laos receives $2b private investments Vietnam revamps high- speed train project Hydropower, mining boost growth in Laos Myanmar to become rail transport hub Facebook social plugin Comment Posting as Soukanteva Thammachack (Not you?) Post to Facebook Spotlight Investing In Emerging Markets Top 10 Mutual Funds High Yield Stocks Top 3 Work From Home Jobs Top 5 Income Funds Best Investment In Egypt ads by Yahoo! Recent Posts Goh Cheng Liang is Singapore’s rags to riches story Vietnam’s bad debt shrinking Myanmar Housing Development Bank to open Cebu Pacific plans Qatar route Infographic: US students in East Asia Cambodia’s opposition plans huge mass protest Telenor will invest just $2b in Myanmar Cambodia fixes minimum wage for garment workers MoneyGram launches services in Myanmar ASEAN textile exports to US, EU shrinking Tag Cloud ASEAN Asian Development Bank Association of Southeast Asian Nations Australia Bangkok Benigno Aquino III Brunei CambodiaChina Dubai Europe European Union Ho Chi Minh City India Indonesia International Monetary Fund Investment Jakarta Japan Kuala LumpurMalaysia Manila Middle East Myanmar oil and gas Philippines Phnom Penh Qatar Renewable energy Sarawak Saudi Arabia SingaporeSoutheast Asia South Korea Taiwan Thailand Thein Sein Tourism United Arab Emirates United
Posted on: Thu, 29 Aug 2013 15:48:02 +0000
Trending Topics
Recently Viewed Topics
© 2015