World

Laos – China railway project to be profitable after 23 years

The Laos-China Railway is expected to generate profits after 23 years of operation, according to the Lao Ministry of Planning and Investment.
Laos – China railway project to be profitable after 23 years ảnh 1Laos-China Railway bridge crossing the Mekong River in Luang Prabang (Photo: https://laotiantimes.com/)
Vientiane (VNA) - The Laos-China Railway is expected to generate profits after 23 yearsof operation, according to the Lao Ministry of Planning andInvestment.

Laotian Times quoted Director-Generalof the Investment Promotion Department under the Lao Ministry of Planning andInvestment Outakeo Keodouangsinh, saying that the Laos-China Railwayproject has a total investment of over 5.9 billion USD, and operates under a50-year concession period.

Some 40 percent of the investment soured fromthe Lao and Chinese governments, and the other 60 percent was a loan fromChina’s Export-Import Bank, Keodouangsinh said.

The Laos-China Railway Company will be liable for maintenance costs and otherrisks once the 50-year concession period expires and the project is handed overto the Lao government.

Infrastructure development around the stationhas been agreed upon at four points, including 1,000 ha at stations in Oudomxayprovince and Vientiane capital city, and 500 ha surrounding Vang Vieng andLuang Prabang stations.

He noted that the Lao governmentwould not provide further land for investment surrounding the Laos-Chinarailway project./.
VNA
#Laos-China Railway project #investment #Vietnamplus #Vietnam news #Vietnam News Agency China Laos
Follow VietnamPlus

Related News

Lao economy expected to grow 4.2 percent next year

Lao economy expected to grow 4.2 percent next year

The Lao economy is projected to grow by 4.2 percent in 2022, driven by commercial production for exports and opportunities and benefits arising from the China-Laos Railway, reported Vientiane Times on December 17.

See more

Leaders attend the opening ceremony of the ASEAN-Russia Business Forum, held in Kazan on June 17, 2026, on the sidelines of the ASEAN-Russia Commemorative Summit. (Photo: VNA)

ASEAN, Russia promote broad-based economic cooperation

In a message delivered to the ASEAN-Russia Business Forum, held in the city of Kazan on the sidelines of the ASEAN-Russia Commemorative Summit, Putin said the sides have accumulated substantial experience in multifaceted cooperation, built strong partnerships, and laid a solid foundation for further expanding cooperation.

(Photo: https://thainews.prd.go.th/)

Thailand targets Krabi-Phuket seaplane launch in 2026

The ministry is also establishing a Strategic Integration Committee for the Development of Water-Based Aircraft Operations to coordinate implementation, develop operational guidelines, and ensure compliance with aviation safety standards.

Indonesia eyes becoming regional gold finance hub

Indonesia eyes becoming regional gold finance hub

In the long term, Indonesia aims not only to export raw gold but also to establish itself as a regional gold finance hub, generating greater value-added for its economy and enhancing its role in the global financial system.

A passenger train operated by State-owned railway operator PT Kereta Api Indonesia (KAI) departs from Tugu station in Yogyakarta city, Indonesia (Photo: VNA)

Indonesia tests biofuel for trains

KAI Vice President for Corporate Communications Anne Purba said the transition to B50 biofuel will be carried out in phases and undergo a rigorous testing process to meet the operational requirements of the railway industry, which demands high reliability and continuous operation.

Aircraft park at Suvarnabhumi Airport of Thailand. (Photo: AFP/VNA)

Thailand targets regional aviation hub status by 2029

Thailand is embarking on a wave of aviation infrastructure projects to capitalise on its strategic location between the world’s two most populous markets China and India, thereby cementing Thailand’s role as a key transit and logistics hub in ASEAN and Asia.

Thailand ramps up efforts to eliminate child labour

Thailand ramps up efforts to eliminate child labour

Deputy Government Spokesperson Phatdarasami Thongsaluaykorn noted that alongside ensuring access to education, the Thai Government is promoting vocational skills development and age-appropriate employment opportunities to help young people gain work experience in safe environments while preparing a skilled workforce for the future.