"We will continue to push forward the construction of this rail project," Chinese Foreign Minister Wang Yi told reporters on the sidelines of an Asean meeting this week. China will hold a stake of 70% and Laos 30% in their joint-venture project, Mr Somsavat said. VIENTIANE: China and Laos are both committed to a high-speed rail project linking the southwestern Chinese city of Kunming with the Lao capital of Vientiane, officials from both countries say, adding that the project would go ahead despite delays. Beijing has also struggled to make progress in Thailand, as negotiating teams have disagreed on financing, cost and land rights. Vientiane hosted an elaborate groundbreaking ceremony for the US$7-billion project in December, but nearly eight months later, construction has yet to begin in Laos.

Source: Bangkok Post July 29, 2016 11:37 UTC