Laos Says China to Finance $7 billion Rail Link

[ahfatzia]

Looks like Indonesia should stand alone with its unconnected railways to Asia main continent

Who knows? A rail link from Singapore to Sumatra is certainly possible in the future. The question, is it cost effective for Indonesia to transport her goods to China or India with rail rather than with container ships. However if a trans-ASEAN rail is built I'm sure it's to your country's benefits to invest in a cross strait rail/car bridge.

BTW welcome to the forum.

 

[S10]

Bold this 7bil Chinese get most of it $$ back when the project completed, leaving Loas with the big 7bil IOU. this project are not helping Loas economy. Loas have to sell it raws material to China to replay the loan, that Same raws material go through that same rail they just build. so it come to Loas trade it raws material for rail road. China can use that same rail to invade ASEAN at it most convenience, win win situations for China, lose lose situation for Loas.

Since you are retarded, let me explain it to you. Laos gets a loan at below inflation rate, which means a huge discount in terms of interest payment. Say I loan you 1000 bucks to be repaid in 20 years. I charge a 2% interest rate while inflation rate of the currency I lent at is at 5%. Due to inflation, that 1000 dollars will be alot easier to pay off when it's due, because you're paying below inflation interest. In fact, China is the one losing money due to diminishing purchasing power of that original amount in the future.

Laos also gain infrastructure in which they can move people and goods around their country more efficiently, improving their competitiveness in business. It's a win-win for all parties. Who knows, maybe China will give Vietnam a low interest loan to build a mental institution to house retards like you.

 

[Minjitta]

Since you are retarded, let me explain it to you. Laos gets a loan at below inflation rate, which means a huge discount in terms of interest payment. Say I loan you 1000 bucks to be repaid in 20 years. I charge a 2% interest rate while inflation rate of the currency I lent at is at 5%. Due to inflation, that 1000 dollars will be alot easier to pay off when it's due, because you're paying below inflation interest. In fact, China is the one losing money due to diminishing purchasing power of that original amount in the future.

Laos also gain infrastructure in which they can move people and goods around their country more efficiently, improving their competitiveness in business. It's a win-win for all parties. Who knows, maybe China will give Vietnam a low interest loan to build a mental institution to house retards like you.

heheh as always you only show your view of China, did you ever think what China get out of this project? No one help loan other money for nothing. Unless China are that DUMB which I dont think so.
BTW Post Reported

 

[S10]

heheh as always you only show your view of China, did you ever think what China get out of this project? No one help loan other money for nothing. Unless China are that DUMB which I dont think so.
BTW Post Reported

I understand due to your retardation, you are unable to understand what "win-win" means. It means both sides benefit from the deal. Laos gain a high-speed railway to improve their transport system and trading, with a low interest loan that plays to their advantage. China through this deal created jobs for its workers by securing the construction contract, and can now move goods more efficiently into the region which adds to its trade surplus. It's not your fault that you're stupid, but when you flaunt your stupidity around, don't complain that people are mocking you.

 

[hanian]

Vietnamese just worried that the Laos railroad or Myanmar railroad will compete with Vietnam railroad who has longest distance to Bangkok or Singapore

 

[nufix]

Who knows? A rail link from Singapore to Sumatra is certainly possible in the future. The question, is it cost effective for Indonesia to transport her goods to China or India with rail rather than with container ships. However if a trans-ASEAN rail is built I'm sure it's to your country's benefits to invest in a cross strait rail/car bridge.

BTW welcome to the forum.

Thanks, always, a warm welcome from a Singaporean.

Indonesia is likely sticking on container ships and bulk carriers to transport her goods worldwide. Recently, Indonesia just refused Malacca bridge proposed by Malaysian govt. Seems like Indonesian government wants to focus on building ports to control Malacca strait and major sea trade routes. Anyway, a trans Asia railway link will boost trade between Asian countries, especially our friends in Indochina.

 

[GUANGDONG]

Expect to plan a way to Pakistan throughout the Asia-Eurpe railway linking our friendship

 

[Viet]

Vietnamese just worried that the Laos railroad or Myanmar railroad will compete with Vietnam railroad who has longest distance to Bangkok or Singapore

why should we worry? Good to see Laos is making progress. By the way Vietnam and Laos will be interconnected by highspeed rails in 5 years. Personally I will rather use plane than highspeed rail to reach Bangkok or Singapore.

 

[Tshering22]

The benefits from the railway line are much more than threat of smuggling.

Buddy the traders will feel convinced only if their goods reach in safe condition.

It is not just personal safety but the goods as well.

 

[ahfatzia]

Work to start on Laos-China railway in 2013: media

BANGKOK: Construction of a $7 billion train link between Laos and China will go ahead next year after a Chinese bank threw a financial lifeline to the stalled project, state media reported Friday.

The two countries had initially agreed to jointly fund the line, which will run from the Chinese border to Vientiane, but Beijing pulled out over reported concerns about profitability.

Chinese state-run EXIM bank has now stepped in with a loan offer for Laos, an official from the public works and transport ministry told the Vientiane Times, adding the pair are "now ironing out the details" of the loan.

Another official at the ministry confirmed to AFP that discussions on the details of the loan were underway along with consultations over the route.

"The work has not started yet, but we plan to finish it in five years," said the official, who did not want to be named.

A Chinese firm will carry out the construction, the Vientiane Times report said, describing the project as the biggest ever infrastructure scheme undertaken by Laos.

It will be a link in a vast network set to connect the southwestern Chinese city of Kunming with Singapore.

Landlocked Laos, one of Asia's poorest countries, has no railway apart from a short stretch of track near the Thai border.

Under current plans the new Boten-Vientiane line will be 420 kilometres (260 miles) long and require 76 tunnels and around 150 bridges to be built as it carves through Laos, the report said.

Passenger trains, which will run at up to 160 kilometres an hour, will stop at 31 stations once work is complete, it added.

The scheme has stirred controversy in Laos with the proposed route likely to force thousands of people to move from their homes.

Construction on a separate $5 billion 220-kilometre line linking southern Laos and Vietnam is set to start in January, the Vientiane Times reported Thursday, after financing from a Malaysian investor was secured.

Work to start on Laos-China railway in 2013: media - Channel NewsAsia


The people from this poor but beautiful country deserve a break and hopefully these two rail links, one to China and the other to Vietnam, can help their economy.

 

[Viet]

great for Laos economic development. But 12 billion USD for 2 highspeed rails are a lot of money. How are they going to pay back? Good for Vietnam, too. We don´t pay, but will receive a highspeed link to Laos.

 

[RISING SUN]

What will be gauge standard,maximum axle load limit,maximum speed limit for good as well as passenger trains. Will passenger & goods train(both types will run on same tracks.

 

[INDIC]

Buddy the traders will feel convinced only if their goods reach in safe condition.

It is not just personal safety but the goods as well.

But still its good that railway reaches every far flung areas of India reducing cost.

 

[INDIC]

China will help connect the missing link in ASEAN?

There are so many missing links for a direct train route from Delhi to Ho Ch Minh City or Kuala Lumpur.

 

[INDIC]

What would be the estimated project cost for this railway line, feasibility and economic benefits for China. It will be passing through occupied Kashmir so India will surely protest such project.