ID :
41779
Wed, 01/21/2009 - 02:58
Auther :

OANA14 Malaysian group seeks central railway project

Quang Tri (VNA) - Malaysia 's Giant Group has asked central Quang Tri province
for a permit to survey, design and build a 95-km railway section that links Dong Ha
city with Lao Bao on the Vietnam-Laos borderline.

Under its proposal, the company will carry out the project under the investment form
of build-operate-transfer (BOT), provincial officials said on Jan. 19.

The project is part of the East-West Economic Corridor that is designed to promote
cooperation and development among the four regional countries, namely Myanmar ,
Laos , Thailand and Vietnam .

Last November, the group signed a memorandum of understanding with the Lao
Government to build a 3 billion USD express railway running from Savannakhet
province to the Lao Bao border gate, with a total length of 220 km.

Under the terms of the deal, Giant Group will conduct surveys prior to carrying out
a feasibility study to submit to the Lao government within two years.-Enditem


X