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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Secondary Navigation Singapore Asia Pacific World Search Search: Cambodia and Vietnam agree rail link: Foreign Minister AFP - Saturday, November 8 PHNOM PENH (AFP) - - Cambodia and Vietnam have signed a deal to link their railways, Cambodia's foreign minister said Saturday, helping revive long-running plans to link Asia by rail. Foreign Minister Hor Namhong said China would help Cambodia with the railroad link to Vietnam, which will cost more than 500 million dollars. "China has promised to build the railroad from Phnom Penh to Vietnam as part of the project to create a link from Singapore to Kunming in China," Hor Namhong said on his return from regional meetings in Hanoi, Vietnam. "The railroads are very important for Cambodia's economy because we can then export goods to other southeast Asian countries at low cost," he told reporters at Phnom Penh International airport. Cross-border trade between Cambodia and Vietnam totalled 1.7 billion dollars in the first eight months of this year, Hor Namhong added. Cambodia is linked to its western neighbour Thailand by a track that is no longer in use. Cambodia's civil war only ended in the 1990s, and trains throughout the impoverished nation crawl along dilapidated tracks. It has long been a dream to connect Asia by rail, and many of the gaps in the railway are in Southeast Asia, with only Singapore, Malaysia and Thailand operating cross-border links. The Asian Development Bank has stepped in with funds to help overhaul Cambodia's railways, a project many hope will be finished within the next few years. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: China's Economy China Chongqing Gangjiu ends $220 mln asset dealReuters - 1 hour 11 minutes ago China BOE Tech to raise $1.8 bln for LCD projectReuters - 1 hour 28 minutes ago Cambodia and Vietnam agree rail link: Foreign MinisterAFP - Saturday, November 8 Momentum grows for global finance overhaulAFP - Saturday, November 8 Related Articles: Business China Chongqing Gangjiu ends $220 mln asset dealReuters - 1 hour 11 minutes ago China BOE Tech to raise $1.8 bln for LCD projectReuters - 1 hour 28 minutes ago Saudi Arabia may delay Total JV refinery-reportReuters - 2 hours 41 minutes ago China imposes penalties in securities trade casesReuters - 2 hours 45 minutes ago Aramex CEO eyes acquisitions, unfazed by crisisReuters - Sunday, November 9 Enlarge Photo Cambodia and Vietnam agree rail link: Foreign Minister Related Photos Slideshow Full Photo Coverage: Business & Economy Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed IMF sees recession in advanced economies in 2009 Among Obama's next challenges: his own security US doctors tell Liu Xiang he needs surgery Airline profits nosedive as leaders debate finance crisis Obama discusses global financial crisis with world leaders View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology

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