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Laos – China Railway helps promote cross-border trade activities

After more than one year of operation with millions of tonnes of goods and millions of passengers transported, the Laos-China Railway has helped reduce transportation costs and expand cross-border export activities in the region.
Laos – China Railway helps promote cross-border trade activities ảnh 1Illustrative image (Photo: https://www.baolau.com/)
Vientiane (VNA) – After more than one year of operationwith millions of tonnes of goods and millions of passengers transported, theLaos-China Railway has helped reduce transportation costs and expand cross-border exportactivities in the region.

Vilaysack Bountome, Director of LTC&TPAS – a Vientiane-based transport firm,said in the past, to transport goods from Vientiane to Boten in Luang Namthaprovince, which borders China, the company could only transportgoods by road. It took at least two or three days in the dry season and more in the rainy season.

Thanks to the railway, the firm can transport goods in bulk, and save time andcosts. In thefirst two months of 2023, LTC&TPAS transportedmore than 30,000 tonnes of goods to China.

Since its operation in December 2021, the railwaytransported nearly 1.9 million domestic passengers in Laos, and nearly 2.9million tonnes of goods across the Laos-China border route worth more than 2billion USD as of February 25 this year.

The number of cargo types transported through this route has increased to over 1,200from only 10 kinds of goods.

Thailand and Malaysia have also implemented projects toconnect with the Laos - China railway system to promote the export of goods,especially farm produce to China.

Thailand is promoting the connection of its railway with theLaos - China railway, including the building of a new railway bridge parallel tothe Laos-Thai friendship bridge No.1 in Vientiane to support transporting containersof export goods to China via the Laos-China railway.

Itis expected that each year, more than 300,000 tonnes of agricultural products,rubber and cross-border goods from Thailand will be transported to China viathis railway./.
VNA
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