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Laos Pushes Ahead with First Railroad Linking it with Thailand - 2004-07-02


The Lao government is pushing ahead with the construction of the first railroad between Thailand and Laos by choosing a Thai company as a project consultant, in accordance with the requirements set by Thailand, who is paying for the 197-million-Baht project. One third of the money is a gift to Laos, while the rest is a loan.

Meanwhile, Australia's Oxiana Resources says it has started importing equipments needed to begin its copper-mining project in Laos. Oxiana expects to export copper from its Sepone mine in 2005.

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