“It’s basically under the guise of internationalizing China, but it’s more about resource extraction and attaining materials.”
Tag: railways
Yangon’s railroad to nowhere
A railway between Yangon and Pathein that was completed in 2015 but never officially opened is symptomatic of the expensive planning mistakes of the military junta.
900km Sino-Thai railway decade dream achieved
A nearly 900 kilometers railway project, China and Thailand has negotiated for ten years. On the occasion of Trans-Asian Railway makes its first appearance of the early harvest, Ta Kung Pao reporters explore and look for opportunities and risks along the railway line. This railway connecting the border of Laos and Bangkok, towards Mada Pu Industrial Park, will be linked with China-Lao railway and reaches KungMing, YunNan province in the end, which draws a giant circulation map which connects China with Laos and Thailand.
China, Laos to build $6.3 bln railway project by 2020 – China Economic Herald
China aims to complete laying a 418-kilometre (260-mile) railway from a border town to Laos by 2020, the official China Economic Herald reported, as the economic giant seeks a new route into the emerging markets of Southeast Asia.
The two countries agreed on Friday to jointly build a 40-billion yuan ($6.28 billion) railway from the border town of Boten to the Laos capital Vientiane, the Herald reported.
The deal was announced at a signing ceremony attended by senior officials from the National Development & Reform Commission the country’s top economic planner, China Railway Corporation and the Export-Import Bank of China, the paper said.
Laos, poor and landlocked, has traditionally been firmly in the orbit of its larger neighbour to the east, Vietnam.
But China has been aggressively courting Laos as it sees the communist-ruled country as an important route into Southeast Asia, and its ports on the Mekong River for landlocked parts of southwestern China such as Yunnan.