SUBSCRIBERS

China's Silk Road plan faces cross-border hurdles

Work on its US$7b high-speed rail link has yet to start in Laos; talks with Thailand sour, also partly over funding

Published Sun, Jun 5, 2016 · 09:50 PM
Share this article.

Kunming

FOR the south-western city of Kunming, China's plan to extend a high-speed rail link 3,000km south to Singapore is already a boon: pristine expressways, a gleaming station and something of a real estate boom, as young buyers crowd property showrooms.

In Laos, work has yet to start on what should be the first overseas leg of a rail line stretching throughout South-east Asia. The country, one of the region's poorest, could struggle to finance even part of the US$7 billion cost and has yet to agree financial terms with China.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here