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<\/p>\nAs Laos becomes an increasingly important logistics and transport connector linking Southeast Asia, China and Europe, the shipment of freight through the country is very beneficial due to the cost-effective services provided and bolsters opportunities, the developer of the Thanaleng Dry Port told a Malaysian Minister.
\nDato\u2019 Seri Diraja Dr Zambry Abd Kadir, Malaysia\u2019s Minister of Foreign Affairs and his entourage visited the Thanaleng Dry Port International Border Checkpoint (Cargo Terminal) and the Vientiane Logistics Park in Vientiane on June 26 and learned firsthand about the opportunities on offer.<\/p>\n
Welcoming the delegation, Mr Alounkeo Kittikhoun, former Minister to the Prime Minister\u2019s Office and current President of the Executive Board of Strategy and Planning at PTL Holding Company Limited (PTLH) \u2013 the parent company of Vientiane Logistics Park Co., Ltd. – briefed the group about the project.
\nOpening for service in December 2021, the dry port is a converging point between the Laos-Thailand and Laos-China railways. Through the Laos-China Railway, part of the planned regional Kunming-Singapore rail network, time is now cut by half to ship freight from Southeast Asia to Europe by rail, and Malaysia can link to this cost-effective trade route.
\nThe dry port\u2019s developer explained that from the Lao capital Vientiane, cargo can reach Laem Chabang, Thailand\u2019s main deep seaport, about 150km south of Bangkok<\/p>\n
<\/p>\n
From Bangkok, the trade route connects to the Malaysian capital Kuala Lumpur and even onwards to Singapore.
\nThrough Laos, countries in Southeast Asia can now access the Chinese market.
\nFrom China\u2019s megacity of Chongqing, the rail link, more than 11,000 kilometres long, crosses the border at Alashankou in the Xinjiang Uygur autonomous region, and then passes through Kazakhstan, Russia, Belarus and Poland before reaching Duisburg in Germany.
\nBy sea, it takes about 45 days for cargo from Laem Chabang port in Thailand to reach Europe, but takes just over 10 days by rail.
\n\u201cIt is very crucial, it is the most direct route,\u201d Mr Alounkeo told the guests, referring to the use of the rail network<\/p>\n
In another direction, the trade route via Laos connects to the Vung Ang seaport in Vietnam\u2019s Ha Tinh province by road.
\nWith the aim of providing more cost-effective transport, a railway is planned to link the dry port to Vung Ang under the packaged Lao Logistics Link (LLL) project, which includes the Vung Ang seaport, the planned railway, and the dry port in Vientiane.
\nThanaleng Dry Port\u2019s Managing Director, Sakhone Philangam, said landlocked Laos has been transformed into a land link and logistics connector among countries in the region, in line with the Lao government\u2019s development strategy.
\nTo tap the trade and investment potential brought about by improved connectivity, Vientiane Logistics Park Co., Ltd. is also building a logistics complex where investors can set up operations.
\nThe complex comprises seven zones, including a tank farm, export processing centre, logistics park, free trade zone, technology and halal hub, and administrative and office zone.
\nInvestors benefit from number of incentives including a corporate tax holiday of 8-16 years and a Value-Added Tax reduction among others. Cheap electricity is another attractive option.
\nIn addition, companies that manufacture or assemble goods in Laos will enjoy privileged access to major markets in countries whose governments have waived or reduced import tariffs on made-in-Laos products.
\nMore than 30 countries including Australia, Canada, members of the European Union (EU 28), Japan, New Zealand, Norway, Russia, Switzerland and Turkiye have extended such special treatment to Laos.<\/p>","protected":false},"excerpt":{"rendered":"
As Laos becomes an increasingly important logistics and transport connector linking Southeast Asia, China and Europe, the shipment of freight through the country is very beneficial due to the cost-effective services provided and bolsters opportunities, the developer of the Thanaleng Dry Port told a Malaysian Minister. Dato\u2019 Seri Diraja Dr Zambry Abd Kadir, Malaysia\u2019s Minister […]<\/p>\n","protected":false},"author":1,"featured_media":403,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":111,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-405","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/vientianelogisticspark.com\/lo\/wp-json\/wp\/v2\/posts\/405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vientianelogisticspark.com\/lo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vientianelogisticspark.com\/lo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vientianelogisticspark.com\/lo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vientianelogisticspark.com\/lo\/wp-json\/wp\/v2\/comments?post=405"}],"version-history":[{"count":1,"href":"https:\/\/vientianelogisticspark.com\/lo\/wp-json\/wp\/v2\/posts\/405\/revisions"}],"predecessor-version":[{"id":406,"href":"https:\/\/vientianelogisticspark.com\/lo\/wp-json\/wp\/v2\/posts\/405\/revisions\/406"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vientianelogisticspark.com\/lo\/wp-json\/wp\/v2\/media\/403"}],"wp:attachment":[{"href":"https:\/\/vientianelogisticspark.com\/lo\/wp-json\/wp\/v2\/media?parent=405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vientianelogisticspark.com\/lo\/wp-json\/wp\/v2\/categories?post=405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vientianelogisticspark.com\/lo\/wp-json\/wp\/v2\/tags?post=405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}