Transport and shipping
Development and funding for transport
Lao authorities pick new company to complete road upgrade project
Government authorities in Laos have selected a new company to upgrade a major thoroughfare in the capital Vientiane, after the firm submitted an estimate that was lower than one quoted by a Chinese company believed to have ties to the country’s national leaders. A survey conducted ...
Thai company proposes Phnom Penh parking lot plan
After Phnom Penh City Hall announced last month that bus stations must be moved outside the city by next year, a Thai company put forward a proposal on 1 September to invest in bus parking lots on the city’s outskirts, according to the municipality. Keep reading ...
World Bank loans Vietnam $507 mln for agriculture, poverty reduction, transport
Vietnam’s central bank and the World Bank on Thursday signed four credit agreements totaling US$507 million to support Vietnam’s priorities in sustainable agriculture, poverty reduction, and a bus rapid transit system. The financing covers four projects: the Sustainable Agriculture Transformation Project (US$238 million), additional financing for ...
