{"id":1598,"date":"2018-12-14T05:26:38","date_gmt":"2018-12-14T05:26:38","guid":{"rendered":"http:\/\/pgawards.wpengine.com\/?p=1598"},"modified":"2021-06-04T14:10:13","modified_gmt":"2021-06-04T07:10:13","slug":"laos-china-railway-marks-another-milestone","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/laos-china-railway-marks-another-milestone\/","title":{"rendered":"Laos-China railway marks another milestone"},"content":{"rendered":"

$6-billion Belt and Road project to bring boom anew to a Laotian border town, among other benefits<\/strong><\/p>\n

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Construction work in Boten, Laos. KINGMALA LAVETH\/Shutterstock<\/figcaption><\/figure>\n
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The first T-shaped concrete beam for the Laos-China Railway was erected last week in Vientiane, signifying another step toward improving\u00a0connectivity between the neighbouring countries.<\/p>\n

The construction milestone marks the transition of the Belt and Road project from\u00a0\u201csubstructure to superstructure,\u201d<\/a>\u00a0according to builder China Railway No.2 Engineering Group (CREC-2), per Xinhua.<\/p>\n

The 414-kilometre project, which broke ground in 2016, will likely serve as a boon to key towns alongside the tracks. From Vientiane, high-speed trains terminate at the border town of Boten before connecting to the Yuxi-Mohan Railway in China\u2019s southern Yunnan province.<\/p>\n

Boten enjoyed a short spell of economic boom in the 2000s after the Lao government agreed to let a Chinese firm set up a 1,640-hectare special economic zone around town.<\/p>\n

The town went on to acquire infamy as a gambling haven, prompting the Ministry of Foreign Affairs in Beijing to order the closure of casinos and even cut the power supply to town.<\/p>\n

\u201cChina\u2019s new focus on Boten is to make it a transportation hub facilitating greater Chinese penetration of Laos,\u201d Paul Chambers, director of research at the Institute of South East Asian Affairs in\u00a0Thailand, told\u00a0The New York Times<\/a>\u00a0in 2016.<\/p>\n

Around 210,133 Chinese tourists<\/a>\u00a0made the overland crossing to Laos last year, a number that could swell once the trains become operational. The trains will run at speeds of up to\u00a0160 kilometres per hour.<\/p>\n

With a development price tag of USD6 billion, the railway was originally set to open in December 2021.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/form>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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