Members Login
Post Info TOPIC: New railway for Laos !!!


Guru

Status: Offline
Posts: 1451
Date:
New railway for Laos !!!
Permalink   


Just wonder why no body have any reaction about this good news ?



A Malaysian-based company plans to invest US$3 billion to construct a railway through Savannakhet province to link with railways in Thailand and Vietnam .

The Giant Group Limited on Monday signed a memorandum of understanding (MOU) with the Ministry of Public Works and Transport. The agreement allows the Malaysian company to survey and design a railway from the Savannakhet provincial capital, Kaysone Phomvihane, to the Vietnamese border at Lao Bao.

Giant Group Limited Vice President, Muhammad Falanh Bin Mohammad Fadzwi, and the ministry's Planning and Cooperation Department Deputy Director General, Phetsamone Viraphanth, signed the MOU.

Public Works and Transport Deputy Minister, Sithong Thongkeo, senior government officials and staff from the Malaysian company witnessed the signing ceremony in Vientiane .

The MOU spells out the first steps the company must take to gain government approval for the construction of the 220-km railway and associated facilities. If the project goes ahead, the company will build and operate the railway as a land link with Thailand and Vietnam .

The company will carry out a two-year technical survey before seeking investment approval from the government, and hopes the railway will be operational within eight years.

Giant Group Limited senior manager, Noor Mohamed Ahmad, said the company would seek government approval for investment, operation and eventual transfer of the railway to government ownership.

According to Lao law, the company can hold a monopoly in the venture for up to 25 years and has the option to extend the agreement for at least another 12 years.

Noor Mohamed Ahmad said he thought the company would earn a good profit from the railway. The rail link will carry passengers and freight between Laos , Thailand and Vietnam and will be part of the Greater Mekong Sub-region East-West Economic Corridor.

“We have not collected statistics on the number of passengers and amount of freight that would use this route but we believe the demand for this form of transport will grow rapidly in the future,” he told Vientiane Times during the signing ceremony.

He said the company's decision to invest in the project was due to the economic development potential of Savannakhet province. The government has set up a special economic zone in the province, which is attracting investors from around the world due to its strategic location between Thailand and Vietnam .

Lao Railway Authority Deputy Director, Sonesack N. Nhansana, said it was good news to learn that a private company wanted to build and operate a railway in Laos .

He said the government would allow other companies to invest in similar projects if this railway was a success.

Sonesack said the government wanted to turn Laos from a landlocked country into a land-linked country to overcome barriers to development. He said the government hoped not only to earn a profit from freight transport charges but also to attract investment along the route.




__________________
samakomlaoiconsz6.gif Make yourself visible, signup at samakomlao webboard. HERE


Guru

Status: Offline
Posts: 2386
Date:
Permalink   

good for Laos, finally some country will help us to build the railway
the northern Laos will be china's to help laos to build, and vietnam will help laos to build another railway plus the Malasian's . what about the Railway in the central part of Laos, we need a link that start from the south to north which will pass thakek, borlikhamxay and to the capital vientiane?

__________________


animated-graphics247.gif



Anonymous

Date:
Permalink   

To webmaster:
You know why not much people have reaction on this good news.

Because, as my analysis, it is not so realistic, it is too early to be happy.
Think like this, there is not free lunch in the world or good things will not come easy without hard works. look that numtern 2 dam, it is very good benefit to our people, but it was in very hard process to get it constructed, and we had to mobilise fund and borrow money from World Bank...

  Anyhow, If it could be implemented and realised this plan in eight years, as a Laotian, i am very happy...wish Laos very rich soon.

__________________


Guru

Status: Offline
Posts: 2386
Date:
Permalink   

Anonymous wrote:

To webmaster:
You know why not much people have reaction on this good news.

Because, as my analysis, it is not so realistic, it is too early to be happy.
Think like this, there is not free lunch in the world or good things will not come easy without hard works. look that numtern 2 dam, it is very good benefit to our people, but it was in very hard process to get it constructed, and we had to mobilise fund and borrow money from World Bank...

  Anyhow, If it could be implemented and realised this plan in eight years, as a Laotian, i am very happy...wish Laos very rich soon.




you are right, I agree with you, ( No free lunch) 

 Lao proverb teaches us  "  Gao aod  Gao Yuen gon si dai Thon Kham", 

 WHAT ABOUT THE SKY TRAIN NEWS??

 



__________________


animated-graphics247.gif



Page 1 of 1  sorted by
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to Del.icio.us


Create your own FREE Forum
Report Abuse
Powered by ActiveBoard