China and Laos will sign a construction contract for a $7.2 billion high-speed railway project planned by cash-strapped Laos, linking the two neighboring countries and extending to Thailand, the Lao government official is charge of the project said.
“Now we are waiting to sign both parties’ contracts on construction between Laos and China,” the Ministry of Public Works and Transport official, speaking on condition of anonymity, told RFA’s Lao Service.
“We’re trying to push for the contract to be signed soon, and it is expected to be inked sometime between the middle and end of this year.”
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