fredag 22. mars 2019

China’s US$7 billion railway link to Laos is almost half done, on schedule to begin service in 2021

China’s railway line to Laos is almost half complete, putting it on schedule to begin service in December 2021, said the chief of Lao Railways. Trains on the line can travel at up to 160 km 100mph, said Lao Railways’ director general Somsana Ratsaphong. Tickets will start from US$20 a trip. The US$7 billion project is a showcase of Chinese President Xi Jinping’s “Belt and Road Initiative” for rebuilding infrastructure along the ancient Silk Road from China to Africa and Europe, which has garnered an estimated US$460 billion in investments since its inception in 2013.