Vietnamese infrastructure developer Deoca Group is to team up with fuel distributor Petroleum Trading Lao (Petro Trade) to investigate the possibility of building a $6.3bn railway between Vientiane, the capital of Laos, and the central Vietnamese port of Vung Ang.
Malaysia’s economic recovery remains in sight with a better trend as signalled by Malaysia's macroeconomic performance in April 2022 amid global uncertainty, said the Department of Statistics Malaysia (DoSM).
The MOU signing ceremony to conduct the Feasibility Study and Detailed Designed of the railway project from Thakhaek district, Khammuan province to Vientiane, Laos between the Lao government and Petroleum Trading Lao Public Company (PetroTrade) was held at the Ministry of Planning and Investment, Laos.