Laos plans to build new expressway linking Luang Prabang with Oudomxay

Laos plans to build new expressway linking Luang Prabang with Oudomxay The Lao government plans to build a new expressway linking Luang Prabang with Oudomxay, drastically reducing travel time between the two provinces. According to Lao economic daily, the proposed expressway would link Luang Prabang province, some 230 km north of capital Vientiane, with Oudomxay […]

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Construction of Myanmar’s Ayeyarwady coastal expressway to start this year

Construction of Myanmar’s Ayeyarwady coastal expressway to start this year Implementation of the Ayeyarwady Coastal Region Development Project, an expressway connecting Ayeyarwady Region and Rakhine State listed under the Myanmar Project Bank, will start from this fiscal year, according to the Ministry of Construction. The project is estimated to cost US$94 million and expected to […]

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Japan Announces Soft Loan of $414 Million to Myanmar to assist with infrastructure development projects

Japan Announces Soft Loan of $414 Million to Myanmar to assist with infrastructure development projects To assist Myanmar with infrastructure development projects, Japan has announced a soft loan of 42.78 billion Yen, equivalent to $414 million. Out of the total money announced by the Japanese government, 27.78 billion yen will be reserved for the development […]

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Lao govt confident of economic recovery next year, with up to 4.5% growth

Lao govt confident of economic recovery next year, with up to 4.5% growth Government will continue to facilitate the construction of mega projects; Laos-China railway, the Vientiane-Vangvieng Expressway, industrial parks and dry ports, and hydropower and mining projects The government is optimistic that the economy will grow by 4-4.5 percent next year despite complex global […]

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