Thai-Laos rail link to be extended !
The Thai government has approved a 1.6 billion baht budget to help the Lao government extend the railway service from Tha Na Laeng to Vientiane.
The service will be the second phase of the Nong Khai-Tha Na Laeng service, which has linked Thailand and Laos since 2008, according to Acksiri Buranasiri, president of the Neighbouring Countries Economic Development Cooperation Agency (Neda), a public agency under the Ministry of Finance.
About 30% of the budget (495 million baht) will be financial aid, while the rest will be a loan.
The extension will add 7.75km to the existing rail system and will also include a train station and office in Vientiane.
Neda expects the service to improve logistics speed between the two countries, as well as facilitate travellers. The project is expected to be completed within the next two years, Acksiri noted.
Founded in 2005, Neda has granted financial assistance, soft loans and technical support worth 9.42 billion baht to 23 projects, mainly for infrastructure development, in neighbouring countries, such as the R3A route linking Chiang Rai, Laos and Kunming in China and the expansion of Pakse Airport.
Posted by samakomlao
on 12:23 AM. Filed under
devlopment,
Laos
.
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