Thai government approves THB900 million for Laotian infrastructure development

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BANGKOK, 3 June 2012  – Thai Prime Minister Yingluck Shinawatra has signed a 900 million baht loan agreement to help develop infrastructure in the Lao People’s Democratic Republic. The prime minister also indicated readiness to forge ahead with the construction of a railway linking the two countries. 

The prime minster, along with her Lao counterpart Prime Minister Thongsing Thammavong, held a joint press conference after their discussion on a number of issues.

Prime Minister Yingluck revealed that the discussion led to the signing of a loan agreement earmarked for the development of infrastructure in the Lao People’s Democratic Republic. To be constructed are a road from Thailand’s Uttaradit province to Xayaburi in Laos, and an airport in the Lao city of Pakse. The discussion also covered other aspects of cooperation, such as construction of more Thai-Lao bridges across the Mekong, and the suppression of cross-border crime, drugs and human trafficking.

The two prime ministers also inspected guard of honour and joined in a dinner reception held in honour of the Lao Prime Minister. The Lao leader returns home today after a three-day official visit.