Laos' Luang Namtha province set to become international business centre

  • 📰 staronline
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 75%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

VIENTIANE (Vientiane Times/ANN): The northern province of Luang Namtha will soon become a regional transport hub with investment in a dry port, thanks to its strategic location close to China – the world’s second biggest economy.

The Lao government has set aside a massive budget to develop and improve infrastructure in order to create better links with neighbouring countries.

Construction of the Vientiane-Kunming railway began on Dec 2,2015, when the Lao PDR celebrated its 40th anniversary. Road R3 has already been built from the Laos-China border to Thailand via Luang Namtha and Bokeo provinces. This route enables business operators to transport their goods from and to Thailand, Laos and China as a logistics hub in the region.

Bounsong said Luang Namtha was a small province with a land area of 9,191sq km, of which 85 per cent is mountainous. It has five districts and a population of about 189,000 people, with 17 ethnic groups that have their own traditions and cultures.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines