A consortium consisting of the Deo Ca Group from Vietnam and the Petroleum Trading Lao Public Company has proposed investing in building a railway line running through north-central Ha Tinh and central Quang Binh provinces and into Laos.
The 103-km line will run from Vung Ang Port in Ha Tinh province to Mu Gia, a mountain pass on the border of Vietnam and Laos.
It is designed to have eight train stations. Total investment would be nearly VND27.5 trillion ($1.15 billion).
The line is part of a Vietnam - Laos railway project stretching 554 km and connecting the Lao capital Vientiane with Vung Ang Port.
The project has been approved by the Vietnamese Prime Minister and is scheduled for investment prior to 2030. Total investment stands at over VND149.5 trillion ($6.25 billion).