Govt secures World Bank loan for nationwide road upgrades

The government has secured a loan of US$25 million from the World Bank to further strengthen road maintenance and improve road connectivity throughout the country. The Ministry of Finance signed the loan agreement with the World Bank on February 7, with the two parties represented ...

Rail mishaps prompt call for action

Deputy Prime Minister Trương Hòa Bình on Saturday ordered urgent measures to increase safety at railway crossings. His order came in the wake of a sharp spike in the number and scale of railway accidents during the Tết (Lunar New Year) holiday. Deputy PM Bình, ...

Road No. 17B to Laos-Myanmar bridge deteriorating

A 70-kilometre section of Road No. 17B linking the Laos-Myanmar Friendship Bridge to Sing district town in Luang Namtha province remains unpaved after almost two years and is deteriorating. An official of the provincial Public Works and Transport Department Mr Chansamone Outamavong, told Vientiane Times ...

JICA support for logistics

The Japan International Cooperation Agency will continue to support the development of Cambodia’s logistics sector in its partnership with the government to reduce transport costs and strengthen the country’s logistics infrastructure. This pledge was made by Kume Hidetoshi, the JICA representative in Cambodia, when he ...

Govt seeks investors to fund Vientiane-Pakxe expressway

The government is seeking investors to bankroll construction of the planned Vientiane-Pakxe expressway to link the country’s capital with Pakxe the capital of the southernmost province of Champassak. The Ministry of Planning and Investment recently issued an announcement asking local and foreign companies and investors ...

Southeast Asian governments are ramping up spending

Governments in Southeast Asia are ramping up spending just as central banks are putting away their policy-easing tools. From Thailand to Malaysia, states are boosting budgets for railways, roads and other infrastructure projects to help bolster growth in a region facing uncertain global markets and the ...

South Korea offers loan to Cambodia

South Korea has agreed to provide more than $400 million in loans to Cambodia for infrastructure and health development. Foreign Affairs Minister Prak Sokhonn and South Korean ambassador Kim Weon-jin signed two agreements at a ceremony on January 31 outlining loans that will be dispersed to ...

Location earmarked for Laos-Cambodia bridge

Lao and Cambodian officials have earmarked a location for the planned bridge across the Xelamphao River linking Laos and Cambodia to encourage people-to-people visits and boost tourism in the region. The bridge will link Nonyang village in Mounlapamok district of Laos’ southernmost province of Champassak ...

Yangon govt ups transport spending for new buses

The Yangon Regional government will revise its budget for the fiscal year in order to purchase 1000 new vehicles for the city’s new public bus system, region minister for finance and planning U Myint Thaung told The Myanmar Times. The city-wide Yangon Bus Service, which started ...

Coastal erosion threatens Bình Thuận Province

Extreme weather conditions resulting in a complex tide phenomenon, landslides and sea erosion are threatening coastal areas in central Bình Thuận Province, authority officials and local people have said. Mai Kiều, director of the provincial Department of Agriculture and Rural Development, said this week that ...

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