A consultant employs for the development of the US$5 billion Savannakhet-Laobao rail project
Introduction: A consultant has been employed for the development of the US$5 billion Savannakhet-Laobao rail project that will link the central part of Laos to neighbouring Vietnam.
Story: Malaysia-based Giant Rail Company Limited, the main concessionaire and developer for the project has appointed Digimap Sdn. Bhd, a Malaysia-based company, as the total project management company to undertake a detailed consultancy design for the project.
A memorandum of understanding on the appointment was signed on Friday in Vientiane between the Malaysian developer and the consultant company.
Lao Deputy Prime Minister and Minister of Education and Sports Dr Phankham Viphavanh and his Malaysian counterpart Tan Sri Dato Muhyiddin Mohd Yassin witnessed the signing ceremony.
The signing took place on the sidelines of the 8th Asean Education Ministers Meeting held in Vientiane which the two deputy prime ministers were attending.
Construction of the 50-year concession project is expected to begin in December this year and take four years to complete. The four years consist of two years of construction and another two years of testing and commissioning.
The project will develop an electrified double track standard gauge railway to link Savannakhet province to Laobao on the Vietnam border.
Source: Lao National Television News in English
Broadcast on September 23, 2014