Lao authorities plan to hold talks with a foreign investor to discuss why they have yet to begin the US$5 billion Savan-Laobao rail project, a senior government official said.The Lao government signed an agreement with the Malaysia-based company, Giant Consolidated Limited, in November 2012 to develop the 220km high-speed rail to link central Savannakhet province to Laobao on the Vietnam border.
The investor announced the project would begin in early 2013 with completion slated within the next four years, however significant action has yet to be taken to carry out the development.
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