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Cambodia, Vietnam ink deal to link up railways
AFP, PHNOM PENH
Sunday, Nov 09, 2008, Page 5
Cambodia and Vietnam have signed a deal to link their railways, Cambodia・s foreign minister said yesterday, helping revive long-running plans to link Asia by rail.
Cambodian Foreign Minister Hor Namhong said China would help Cambodia with the railroad link to Vietnam, which would cost more than US$500 million.
: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 [Yunnan Province] 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.
Trade between Cambodia and Vietnam totaled US$1.7 billion in the first eight months of this year, Hor Namhong said.
Cambodia is linked to its western neighbor 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.
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