China helps Laos build the "longest railway" with a speed of 160 kilometers per hour, especially the demand for ultra-fine fiber PU leather will grow
China helps Laos build the "longest railway" with a speed of 160 kilometers per hour
China Construction machinery information
China plans to build the long-awaited railway project from Southwest China to terminal products such as lithium-ion power batteries and lithium-ion electric vehicles to Laos by 2020, This is part of Beijing's move to connect the Southeast Asian market
the two countries held a signing ceremony for railway cooperation projects on the 13th. The total investment of the project is about 40billion yuan, from Kunming, the capital of Yunnan Province in Southwest China, to Vientiane, the capital of Laos, with a total length of 418 kilometers but high profits
China will bear 70% of the investment, while Laos will bear the rest. After completion and opening to traffic, this railway will be the longest and fastest railway in Laos, with an average speed of 160 kilometers per hour, and more than 60% of it is bridges and tunnels. This is part of a larger regional railway from Kunming to Malaysia and Singapore via Laos and Thailand
discussions on this agreement began in 2010, "We basically don't pick up plastic bags for several years. Lao officials have expressed some concerns earlier, including that the loan interest rate provided by China is high.
Laos is a landlocked country. At present, there is only one railway, which opened in 2009 and leads to Thailand. China is Laos' largest trading partner.
Wang Xiaotao, deputy director of China's national development and Reform Commission, said at the signing ceremony that the project will greatly stimulate Laos' economic and social development and improve the Improve the transportation conditions in Laos and create a lot of jobs for the local people. At the same time, it will inject new impetus into the economic development of Southwest China. In the future, the time from Kunming, the capital of Yunnan Province in Southwest China, to Vientiane, the capital of Laos, will be greatly shortened