Showing posts with label Investment. Show all posts
Showing posts with label Investment. Show all posts

Wednesday 21 August 2019

Laos, Thailand To Build Another Friendship Bridge

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Laos and Thailand are considering the construction of one more friendship bridge to connect the two countries in a move that would link Vientiane Province and Loei.

The governor of Vientiane Province, Mr. Khamphan Sithidampha told reporters on August 16 that Vientiane provincial authorities had proposed the project to the government for its consideration.

“We are conducting a study on the location of the bridge, to decide whether it should be in Sanakham or Meun district,” Mr. Khamphan, as quoted by Vientiane Times.

It is unclear when the construction of the bridge would begin.

The first friendship bridge to connect the two nations was built in 1994, with help from the Australian government.

Since then, the two governments have constructed a total of four Lao-Thai bridges across the Mekong River and have signed an agreement to build another bridge linking Borikhamxay province with the Thai province of Bueng Kan.
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 Mr. Khamphan said the construction of the bridge and the upgrade of border crossings between Vientiane province and Loei Province would provide a significant boost for domestic and foreign investment.

Laos and Thailand have beefed up their efforts to improve connectivity between two nations in recent years.

The first freight train service to and from Laos was launched in early August, which will carry cargo from a container yard at Thanaleng Railway Station in Vientiane, Laos, to as far as the Laem Chaban seaport in Thailand.

Trains to and from Vientiane used to be only able to carry passengers only across the 3.5km track, while freight was carried across the border to Nong Khai by truck.

Meanwhile, Thailand is preparing to launch the country’s first bullet train that will run between Bangkok and Beijing, China, with Laos as one of the intermediate stations.
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In particular, the first route, a Thai-Sino project linking Bangkok and Nong Khai in the far Northeast, is currently under construction and is scheduled to be completed by 2023.
 
In July, Laos and Thailand also signed an agreement to extend road and rail connections between the two countries worth more than THB 3 billion (USD 98.2 million).

Under the agreement, the two countries plan to improve the R11 road linking the Phudu border checkpoint in Uttaradit province in Northern Thailand with the Lao capital, Vientiane. 

The two-lane road will be paved with asphalt and will cost about THB 1.8 billion (USD 59 million).

Source - The Laotian Times 



Wednesday 20 February 2019

#Cambodia - Kratie to become a priority tourist destination

A beach in the Mekong River in Kratie province

The province of Kratie, in the country’s east, is poised to become a priority tourist destination and a national heritage site.

Tourism Minister Thong Khon on Monday unveiled plans to turn the province’s capital into a “prime tourism destination” and a “heritage city”.

Prime destinations are important attractions but are not as crucial to the tourism sector as the country’s main tourist draws – the Angkor Archaeological Park in Siem Reap and the coastal areas.

Minister Khon said the decision to turn Kratie into a priority destination and a heritage site was based on the city’s many tourist attractions, particularly the dolphins that can be spotted in the Mekong River.

“If there are dolphins in the Mekong River, there are tourists; however, no dolphins, no tourists,” Mr Khon said.

Other noteworthy products and sites in the province with great tourism potential include the Koh Trong pomelo, colonial buildings, stunning river beaches, and a slew of eco-tourism sites, the minister said.

He reminded the city’s authorities of their responsibility to boost the quality of these products and sites to meet and exceed tourists’ expectations.

“We must continue improving the quality of services and products in the province and create new tourism products,” he said. “We must work hard to develop Kratie province into a prime destination and a heritage site, organise new events on the beach and in the river, keep the city and the province clean, improve hygiene in public toilets, and protect the environment,” Mr Khon said.
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“Tourism officials must also strive to improve tourist boats so that they offer a quality service, and drivers must wear proper uniforms,” he added.

Mr Khon told Kratie’s provincial tourism department to focus on revamping infrastructure like tourist booths, parking areas, and public toilets while improving services and products at stores, tourist boats, restaurants, and food courts.

Chuk Chumnor, spokesperson for the Ministry of Tourism, told Khmer Times that the government also wants to turn Battambang and Kampot into heritage sites. He said the ministry is working with Unesco to register these cities as national heritage sites first, and world heritage sites at a later stage.

“We are also working with Unesco to register Kratie city as a heritage site, together with Battambang and Kampot. These three cities boast beautiful French buildings,” Mr Chumnor said.

“We are committed to strengthening the quality of tourism services and products, social order and security as well as improving eco-tourism sites in the province,” Mr Chumnor said.
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Thoun Sinan, chairman of the Cambodian chapter of the Pacific Asia Travel Association, said the priority destination scheme is a strategy that aims to increase opportunities for socioeconomic development through tourism investment and development.

“To develop these priority destinations, the Ministry of Tourism, in close cooperation with the Ministry of Culture and Fine Arts and Unesco, has studied and produced the necessary documentation to register these cities as national heritage cities and Unesco world heritage sites.

“Battambang, Kampot, and Kratie could become world heritage sites, which will draw public attention to them and help develop them in a sustainable manner while preserving their urban and natural heritage,”
Mr Sinan said.

Last year, Kratie province welcomed about 349,000 visitors, a 15.2 percent year-on-year increase. 25,990 of them were foreigners, mostly French nationals, according to the Ministry of Tourism.

Source - Khmer Times