CX Daily: China’s Soaring Overland Trade Accelerates Cross-Border Rail Projects
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In Depth: China’s soaring overland trade accelerates cross-border rail projects
Cross-border railway projects connecting China with neighboring countries have seen breakthroughs recently as regional trade soars and Chinese infrastructure giants hunt for opportunities in new markets.
On Feb. 26, Vietnam National Assembly Chairman Tran Thanh Man signed off on an $8.37 billion railway project linking northern Vietnam and the Chinese border province of Yunnan, the state-run Vietnam News Agency (VNA) reported. A feasibility study for the railway will begin this year and the project is scheduled to be completed by 2030 at the latest, the report said.
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