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Economy

China-Laos railway to boost economic development in Laos: official(2)

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2021-11-29 14:58:06Xinhua Editor : Xue Lingqiao ECNS App Download
Two women pose for photos with the Lane Xang EMU train at the China-Laos railway Vientiane station in the Lao capital Vientiane, Oct 16, 2021. (Photo/Xinhua)

Two women pose for photos with the Lane Xang EMU train at the China-Laos railway Vientiane station in the Lao capital Vientiane, Oct 16, 2021. (Photo/Xinhua)

The China-Laos railway will lay a new foundation for the introduction of foreign investment, and Laos will take the advantage to participate in the regional and global industrial chain.

"The railway will result in the growth of many industries like tourism, trade and investment, especially in the processing industry, and it's going to help a lot for Laos' post-pandemic recovery," Valy said.

Firstly, when the railway is operational, Laos' tourism industry is expected to benefit greatly from the expected rise in rail passenger traffic.

"Business owners must prepare to welcome an influx of visitors under new normal conditions. They must improve their facilities and services standards. Laos has a lot of places where tourists can experience untouched nature and culture. With its rich natural resources and biodiversity, Laos can offer an opportunity to promote nature-based tourism," she said.

Addressing the opening of the National Assembly (NA) on Nov 1, Lao Prime Minister Phankham Viphavanh said Laos needs to consider the steps to take to reopen the country, including the start of services on the China-Laos railway.

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