Indonesia announces start date for $1.9bn Vietnam–Laos rail link
The Indonesia Railway Development Consortium has announced plans to begin work in 2021 on a 400km rail line between Vietnam and Laos for a price of $1.9bn.
The consortium is made up of INKA, Indonesia’s state-owned train maker, and Indonesian Railways Company, its main operating company. It also includes electronics company Len Industri and contractor Waskita Karya.
The consortium has signed a cooperation agreement with Vietnam’s HT Construction company and Laos’ PetroTrade.
GCR Staff