Laos launches WB-funded transport development project
The Lao Ministry of Public Works and Transport on September 21 launched the World Bank-funded Southeast Asia Regional Economic Corridor and Connectivity Project, which is expected to improve climate resilient, transport connectivity, and regional trade along an east-west corridor through Lao northern provinces.
Vientiane (VNA) – The Lao Ministry of Public
Works and Transport on September 21 launched the World Bank-funded Southeast
Asia Regional Economic Corridor and Connectivity Project, which is expected to
improve climate resilient, transport connectivity, and regional trade along an
east-west corridor through Lao northern provinces.
Designed to complement the Association of Southeast Asian Nations (ASEAN) Master Plan on Connectivity, the new project will upgrade Lao National Road 2, which runs from east to west, connecting Thailand, Laos and Vietnam, thus building a corridor that links with existing north-south routes in mainland Southeast Asia.
The upgraded road’s design will protect it from the storms, floods and landslides which are becoming more frequent because of climate change.
Other activities within the project include the development of dry ports, marketplaces, trucking terminals, and locations where farmers can bring their produce for transport to national and foreign markets.
The project is expected to be completed in May 2028./.
Designed to complement the Association of Southeast Asian Nations (ASEAN) Master Plan on Connectivity, the new project will upgrade Lao National Road 2, which runs from east to west, connecting Thailand, Laos and Vietnam, thus building a corridor that links with existing north-south routes in mainland Southeast Asia.
The upgraded road’s design will protect it from the storms, floods and landslides which are becoming more frequent because of climate change.
Other activities within the project include the development of dry ports, marketplaces, trucking terminals, and locations where farmers can bring their produce for transport to national and foreign markets.
The project is expected to be completed in May 2028./.
You should also see
Semiconductor workforce development a breakthrough: PM
Human resources development in semiconductors should be considered a breakthrough in personnel training, Prime Minister Pham Minh Chinh said at a conference in Hanoi on April 24.
See more
World
Schools in Philippines go online amid extreme heat
Record heat in the Philippines in April has forced schools to send children home for online classes.
ASEAN
UK supports ASEAN’s economic integration
The UK delegation to ASEAN held a seminar in Jakarta, Indonesia on April 24 to discuss the ASEAN-UK economic integration programme.
World
Cambodia, Laos vow to boost bilateral ties
Cambodia and Laos vowed to boost their bilateral relations and cooperation for mutual benefits during Lao President Thongloun Sisoulith’s State visit to the neighbouring country on April 23-24.
World
Bank Indonesia raises interest rates to highest level in 7 years
Bank Indonesia (BI) on April 24 raised interest rates to their highest level in seven years.
World
Rail connects Vientiane, China's Guizhou province
The Guiyang-Laos tourist train will be launched on 8 May, signifying a pivotal step in boosting tourism and cultural ties between China and Southeast Asia.
