Thailand to Develop Northeast Transport Links with Lao PDR
Thailand is embarking on several projects in its northeastern region to improve travel to the Lao People’s Democratic Republic (Lao PDR).
Thailand is embarking on several projects in its northeastern region to improve travel to the Lao People’s Democratic Republic (Lao PDR).
BANGKOK, THAILAND (4 June 2019) — The Asian Development Bank signed an agreement with a financing package of 9.9 billion Thai baht ($311 million equivalent) for the construction and operation of the Pink and Yellow lines of Bangkok’s mass rapid transit system.
Thailand is spending 100 billion baht ($3 billion) in infrastructure to strengthen its position as a transport and trade hub along the economic corridors of the Greater Mekong Subregion.
The six countries of the Greater Mekong Subregion have agreed to extend the “early harvest” implementation of their Cross-Border Transport Facilitation Agreement (CBTA) for 2 years.
The Lao People’s Democratic Republic has issued a law to guide railway development and ensure integration of its rail services with regional and global networks.
The People’s Republic of China, Lao People’s Democratic Republic, and Thailand have agreed to build a railway bridge that will be part of a high-speed rail line connecting the three countries.
Cambodia and Thailand reconnected their railroad networks on Monday after 45 years to facilitate cross-border trade and transport.
A new bridge now links the border towns of Myawaddy in Myanmar and Mae Sot in Thailand.
The Government of Viet Nam and the Asian Development Bank (ADB) have signed in March a $188 million loan to improve 198 kilometers of roads in northwestern provinces.
An international seaport project in Southern Cambodia will serve as a gateway for direct ferry services to Viet Nam and later to other destinations in the Gulf of Thailand. The fast ferry services are expected to boost tourism in the Southern Coastal Subcorridor of the Greater Mekong Subregion.