Lao, Thai companies sign expanding cross-border rail transport

(KPL) Lao and Thai companies signed in Vientiane on Mar 17 a tripartite Memorandum of Understanding (MOU) to promote cooperation on international rail freight transport between China, Laos and Thailand through Thai-Lao and Lao-China railways.

Signatories to the agreement included Director General of Lao National Railway State Enterprise Daochinda Sihalath, CEO of Global Multimodal Logistics Sanchak Suenchom Deputy CEO of Pan-asia Silk Road Padej Metiyanon and President of Kaocharoen Train Transport Panya Paphutsaro. The signing ceremony was witnessed by relevant officials from Laos and Thailand.

Under the agreement, Lao National Railway State Enterprise will coordinate, facilitate and reserve rail trailers from State Railway of Thailand and Laos-China Railway to be used by Kaocharoen Traintransport, Global Multimodal Logistics and Pan-asia Silk Road for the purpose of international freight transport, and reserve trains from State Railway of Thailand for freight transport between State Railway of Thailand in Bangkok, Thailand, and Thanaleng Railway Station in Vientiane, Laos.

The groups of companies are expected to transport fruits from Thailand through Laos to China as Global Multimodal Logistics, owned by PTT, and Pan-asia Silk Road will coordinate with durian sellers in China. Meanwhile, Kaocharoen Train Transport will serve as a transporter and Lao Railway State Enterprise will provide refrigerated containers.

The companies have an ambitious plan to export at least 20,000 tones of durian and other fruits to China every month.

Source: Lao News Agency