Infrastructure
Transport and shipping
Major deals signed as Vietnam PM visits
Laos and Vietnam have inked deals worth multi-millions of US dollars during a two-day official visit by Vietnam’s Prime Minister Nguyen Xuan Phuc from April 26-27 that concludes today. The bilateral agreements were signed by respective high ranking officials of both sides in Vientiane yesterday, ...
MPs voice discontent on YBS
A total of 26 MPs supported Wai Phyo Han’s proposal concerning the Yangon Bus Service in parliament on April 24. Intending to change Yangon’s notorious bus service, the Yangon Region Government started using the new YBS on January 16. However, on April 16, three months after the ...
Uber confident on legal clearance for services
UBER has expressed confidence that it can clear within five months the legal hurdles that have dogged its taxi-service operation in Thailand. The Thai operation of the US-based company put out the timeline after its representatives met officials from the Department of Land Transport late ...
Productive outcome to bilateral talks
Cambodia and Vietnam on April 25 agreed in principle to work together in a range of commercial activities following two-hour talks at Peace Palace between Prime Minister Hun Sen and Vietnamese Prime Minister Nguyen Xuan Phu. Deals were struck relating to a major new highway, education, fisheries ...
Yusen Logistics building halal warehouse in Thailand
Japan’s Yusen Logistics will build a warehouse that complies with Islamic law in Thailand as early as this month, aiming to capture transport demand in Southeast Asian countries with large Muslim populations such as Indonesia and Malaysia. Islamic law sets various restrictions on products; food ...
ADB commits assistance to Laos’ development goals
Infrastructure development for transportation connectivity, telecommunications, along with the power, education and health sectors will all be the focus of Asian Development Bank in its continuous assistance to Laos in upcoming years. Director General for ADB’s Southeast Asia Department James Nugent disseminated this plan in ...
Tender to be called for highway upgrading
The Ministry of Construction will call for international firms to tender for upgrading works on a 40-mile section of the Yangon-Nay Pyi Taw-Mandalay Highway starting at Yangon, the ministry’s Permanent Secretary U Kyaw Lin said on April 10. The upgrading works, which will use an ...
More funding sourced for construction of Phongsaly provincial capital
A total of US$200 million has been sourced through a loan from China to finance construction projects relating to the new Phongsaly provincial capital in Bounneua district in the far north of Laos. Director of the Provincial Department of Planning and Investment Mr Khamlek Chay-isane ...
Cabinet approves direction of seaport project, discusses work plan
The cabinet agreed last week to establish a private-state joint company to develop the Vung Ang project after Vietnam gave a green light to utilise the seaport in its central Ha Tinh province. The agreement was made at the cabinet’s monthly meeting for April, chaired ...
PM pledges aid for Laos
Prime Minister Nguyễn Xuân Phúc pledged to assist Laos in developing transport infrastructure and create all possible conditions for Laos to exploit Vũng Áng seaport in the central province of Hà Tĩnh to spur its socio-economic development. PM Phúc spoke at a reception in Hà ...