A nearly 900 kilometers railway project, China and Thailand has negotiated for ten years. On the occasion of Trans-Asian Railway makes its first appearance of the early harvest, Ta Kung Pao reporters explore and look for opportunities and risks along the railway line. This railway connecting the border of Laos and Bangkok, towards Mada Pu Industrial Park, will be linked with China-Lao railway and reaches KungMing, YunNan province in the end, which draws a giant circulation map which connects China with Laos and Thailand.
The World Bank has approved $130 million in developmental aid aimed at reducing poverty in Cambodia, signalling its first direct re-engagement with the Kingdom since it left in protest in 2011 after one of the largest forceful evictions led by the government displaced more than 3,000 families.
The decision came last week when the World Bank’s executive directors voted on a new Country Engagement Note (CEN) that approved financing of four projects including infrastructure development, clean-water projects, agriculture production and access to health care.
Earlier this month, Japan announced a three-year, $7 billion investment deal with the countries of the lower Mekong River to boost development and improve infrastructure. In an email interview, Phuong Nguyen, an associate fellow with the Southeast Asia program at the Center for Strategic and International Studies, discussed Japan’s relations in Southeast Asia.
A weekly update of news, commentary and resources on Mekong development projects, investment, EIAs and other development issues. We include a balanced and representative range of news and views from local, regional and global sources. The Digest reaches around 3500 key development professionals, government officials, business leaders and journalists.
Early last year, when the United States’ Western European allies began eagerly signing up for China’s nascent Asian Infrastructure Investment Bank (AIIB) as founding members, it seemed as if Washington was confident that the AIIB would emerge as a poorly governed tool of Chinese geoeconomic statecraft, beholden to lower standards than the World Bank and the Asian Development Bank (ADB), the highly experienced international development banks. At the core of these concerns was a perception that the AIIB would be supplementary instead of complementary to existing development banks–both in terms of its governance and the projects it selected.
A year and a few weeks ago, the AIIB’s 57 founding members finalized its charter; in the final days of 2015, the members ratified the bank’s Articles of Agreement. Finally, early in the new year, the AIIB opened its doors for business. Now, just over three months into its operations, the AIIB has decided on its first projects. As I’d briefly discussed in April, the AIIB’s first projects have demonstrated that concerns a year ago in Washington and Tokyo may have been overstated. For now, the bank appears to be pursuing a modest and complementary approach in selecting its projects.
Cambodia’s passenger train services resumed regular operations between capital Phnom Penh and southwestern Sihanoukville on Saturday after a 14-year hiatus.
Investor confidence in the long-delayed Dawei special economic zone (DSEZ) is growing after Japan signed on as a third equal partner with Myanmar and Thailand this December. Japan’s backing may finally kick start construction of the billion dollar project that has been crippled by funding shortfalls since 2013. If it’s ever finished, the deep-seaport is expected to rival the one in Singapore, opening a new gateway to the Malacca Strait from the western Myanmar seaboard. The 196 square km special economic zone – scaled down from initial estimates of 204.5 square km – would become one the biggest industrial parks in Southeast Asia.
A new word-Lancang-Mekong River cooperation was added into the Chinese diplomatic dictionary last year. This morning, the Foreign Ministry website released the information that the first leaders’ meeting on Lancang-Mekong River cooperation will be held in Sanya, Hainan Province. Compared with many serious diplomatic words, “Lancang-Mekong” is down-to-earth from the beginning and brings to mind a popular food “blueberry”.. What is Lancang-Mekong River cooperation? What does it do? Who is it intended for? How does it benefit people’s lives? Now, let us get close to and understand Lancang-Mekong cooperation and thus taste this “blueberry”.
1.What is Lancang-Mekong River cooperation?
2.What has the Lancang-Mekong River cooperation done?
3. What is the aim of the Lancang-Mekong River cooperation?
4. What will Lancang-Mekong River cooperation do?
5. What will the future of Lancang-Mekong River cooperation look like?
There has always been a special bond between China and Thailand, which hosts the largest overseas Chinese community in the world. In Thai culture, the Chinese influence is easily traced, through descendants whose origins can be found in rural areas of the southern Chinese mainland, from where their ancestors fled poverty, communism and political oppression to the more hospitable environs of Thailand.
China has always been perceived as a friend — a friend indeed who never leaves a friend in need. The phrase is not just a cliche. Comrades from the mainland have proven their love. During the tom yam koong economic crisis in 1997, this friend lent the debt-ridden Thailand much-needed funds, while other friends gave it the cold shoulder.
A border railway station which has been in existence for more than 100 years in southwest China’s Yunnan Province got a new lease on life last year after having been left desolate for a decade.
The cargo train via Shanyao Station on the China-Vietnam border hit the buffers in 2013 and was suspended for a while. The service has since resumed and is now busier than ever.
A railway linking Kunming in Yunnan province and the border with Vietnam opened in December 2014 and the following year 366,400 tonnes of cargo — iron ore, sulfur, fertilizer and so on — flowed from China into Vietnam via Shanyao, over 100 times more than the year before. Already this year, 89,700 tonnes of goods have gone the same way.