In a world grappling with pandemic-related construction delays and cost overruns, #Laos will launch its $6b #China-backed high speed #railway on schedule in coming week. Can it maximise returns on the debt it took on? Deep dive -->> straitstimes.com/asia/se-asia/l… Pic: Vientiane Times
A senior #Laos finance ministry official tells me Laos-China #railway will be "a very effective investment". But Laos leaders are keenly aware that "economy is going to collapse" if it does not get finances in order, says economist straitstimes.com/asia/se-asia/l… Pic: Vientiane Times
Over in #Thailand's Nong Khai, near the terminus of the #Laos-China #railway, locals are getting ready for potential influx of tourists and goods from China. Railway officials tested freight capacity of existing Thai-Laos rail link during my trip there