The 5 billion USD project will be invested by Malaysia’s Giant Consolidated Limited group.
A signing ceremony for the construction contract was held in the Laocapital city of Vientiane on November 5 in the presence of Lao PrimeMinister Thongsing Thammavong and Malaysian Prime Minister Najib TunAbdu Razak.
The high-speed railway spans 220km, running from the Lao central province Savannakhet to Lao Bao bordergate of neighbouring Vietnam .
Therailway will be part of the Southeast Asian railway network, which whencompleted will ensure uninterrupted connectivity between Laos andother regional countries to Kunming city of southern Yunnanprovince of China. -VNA