Businesses eye benefits of Laos-China railway; project set to have a significant impact on the economy

VIENTIANE, Oct 18 (Vientiane Times/ANN): The Laos-China railway could be a game changer for the development of Laos but the government must have a clear plan on how to maximise the advantages offered by the US$5.9 billion railway, a businesswoman has said.

Vice President of the Lao National Chamber of Commerce and Industry, Valy Vetsapong, told Vientiane Times on Monday that the railway will have a significant impact on Laos’ economy and will provide huge momentum in strengthening Laos’ connectivity with the rest of the region.