Thailand and Laos are in talks about the potential of a China-Laos-Thailand railway link which could reduce cargo transport costs by 30%-50% in three to five years, said the Department of Rail Transport (DRT) on Saturday.
Athipu Chitranukroh, deputy director-general of the DRT and Kitjaluck Srinuchsart, deputy director-general of the Customs Department, visited Laos recently to discuss the matter.
The high-speed network will be developed alongside current infrastructure and benefit both Thailand and neighbouring countries, observers say.
The government said the export-and-import trade value at the Thai-Lao…