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Posts Tagged ‘Luang Namtha province’

Tunnelling ahead as Laos-China railway proceeds on track

Source: Vientiane Times, July 15, 2017
http://www.vientianetimes.org.la/FreeContent/FreeConten_Tunnelling_162.htm
Construction of the Laos-China railway project is progressing as scheduled despite some work requiring a pause due to the rainy season, officials in charge said.
Work on boring tunnels is carrying on, project coordinator for Luang Namtha province Mr Chanthachone Keolakhone told Vientiane Times via telephone on Wednesday.
Mr Chanthachone said Lao and Chinese officials had worked hard to bore tunnel entrances before the rainy season so that rainfall would not delay construction.
Naturally, work inside the tunnels can be carried out without little regard to weather conditions outside.
Mr Chanthachone said that all three tunnels are being bored with the Boten Tunnel having progressed the furthest at more than 120 metres.
The Teentok Tunnel is gathering steam at 45 metres in length to date.
The Laos-China Friendship Tunnel, crossing the Laos-China border has seen more than 55 metres of progress thus far.
Mr Chanthachone said construction of bridges and roads related to the project are now on pause until rains end.
Construction may not meet the standards if we continue to work due to the rainfall, he said.
In particular, the preparations to drill the foundations for a bridge connecting Luang Namtha and Oudomxay provinces had to be halted.
In Oudomxay province, the project coordinator Mr Phonpadith Phommakit told Vientiane Times on Wednesday that work on around 34 tunnels is still ongoing.
Currently, some nine of 34 tunnels have been bored and are on now track, while some works of roads and bridges are also on pause due to the rainfall.
In Vientiane, project coordinator Mr Souneth Luangsouphom said officials have continued to remove barriers and to develop areas for the construction since the project began in December last year.
At present, Chinese contractors had already developed a 15 km stretch in preparation for construction to date, he said.
A 7km-long bridge from Dongxiengdy to Nakhoun villages in Naxaithong district will be constructed after the seasonal rainfalls conclude, he said.
The planned 417-km railway to connect Vientiane to the Chinese border traverses the provinces of Vientiane, Luang Prabang, Oudomxay and Luang Namtha passing through 75 tunnels with a combined length of 197.83km.
The project has a total investment of 40 billion Chinese yuan (about US$6 billion), 70 percent of which comes from China, with 30 percent from Laos.
The project set to be completed by 2021 is seen to mark a significant milestone in the socio-economic and cooperation strategies of the two countries.
The project is linked to the ‘One Belt, One Road’ initiative proffered by Chinese President Xi Jinping and is expected to contribute to increased friendly relations and cooperation between the neighbours and Asean as a whole.
The Lao government places great importance on the realisation of the project which is part of a planned regional railway linking southern China to Singapore via Laos, Thailand and Malaysia.
Laos also attached great importance to and is seriously examining opportunities per the One Belt and One Road, which provides clear goals of comprehensive cooperation between countries of the region and contributes to the promotion of a higher level of connectivity in policies, infrastructure, trade and investment, finance, society and culture.

Borikhamxay rubber farmers selling land to clear debts

Vientiane Times, July 17, 2015

Rubber growers in Borikhamxay province are placing for sale signs up on their land in a desperate attempt to relieve debt problems. An official from the provincial Agriculture and Forestry Department, who asked not to be named, told Vientiane Times on Thursday that rubber tree plantations have been advertised for sale across the province. Local growers have decided to sell their land because of the low price of rubber and to repay debts. “They’re in debt because they borrowed money from the banks to plant their rubber trees,” he explained.

Rubber prices may decrease in Luang Namtha

Vientiane Times, 23 April 2015

Some 500 to 600 hectares of rubber plantation in Sing district, Luang Namtha province are currently being destroyed by the owners of the plantations due to the slump in prices, according to a trade official. The rubber price on the world market has continuously declined over the past few years and consequently the rubber price in Laos has crashed as well.

Answer to low rubber price found

Vientiane Times, 6 November 2014

Rubber trading companies have promised to pay more for raw rubber in a bid to assist local growers who are suffering from the plummeting price of rubber in Luang Namtha province. They will purchase the rubber tapped in November this year at around 6,600 kip per kg (5 Yuan) up from the previous 4,100 kip (3.2 Yuan) per kg, according to the provincial Commerce and Industry Department. The price of rubber has been dropping continuously and plummeted in October to a record low for the year. The very low price of rubber sold in October at 4,100 kip (3.2 Yuan) per kg resulted in dissatisfaction among the local people who became discouraged about continuing to harvest the product, Department Director Mr Phonxay Chanthasone said.

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