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The high cost of High Speed Passenger Rail in Laos

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  • Member since
    June 2009
  • From: Dallas, TX
  • 6,005 posts
The high cost of High Speed Passenger Rail in Laos
Posted by CMStPnP on Monday, December 6, 2021 6:35 PM

I am confused as to why Laos even attempted this.    I would think they would attempt near high speed rail first instead of this giant leap frog.

https://www.yahoo.com/news/laos-financial-debt-china-grows-194309794.html

 

 

  • Member since
    December 2008
  • From: Toronto, Canada
  • 2,377 posts
Posted by 54light15 on Monday, December 6, 2021 7:23 PM

It's China's way of controlling a neighbouring country through excessive debt. 

  • Member since
    September 2017
  • 4,884 posts
Posted by charlie hebdo on Tuesday, December 7, 2021 6:17 AM

A friend in the Lao Ministry of Technology said that the goal was to dramatically open this landlocked poor nation up to the international economy. The gamble is that the gains will far surpass the cost. The line will go all the way to Malaysia. 

China already has  had a very strong presence in Laos.

  • Member since
    October 2014
  • 809 posts
Posted by Gramp on Thursday, December 9, 2021 2:31 PM

100 mph line. Debt equals 2/3 of GDP?  For a bridge line to Nowhere for now. Yikes. And China is tightening its own noose internally at the same time. 

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