@@PeterXiao1 I thought the government has already decided on four companies to build the expressway, including two Lao companies and two Chinese companies?
@@jimmichael276 I googled it. It looks 4 companies - 2 Chinese and 2 Laotian - were tasked to do a feasibility study each on a section of the route in 2018. Not sure what became of that. The Chinese company presenting the route selection in 2021 is a different company. It looks no budget is announced and no business model is decided. PPP or BOT?
@@PeterXiao1 According to various sources in June of this year, the Lao government has officially approved the route selection for Vientiane-Pakse Expressway Project recommended by a Chinese engineering company. Zhang Xiaowei, head of the international engineering department of Henan Provincial Communications Planning and Design Institute Co. Ltd. (HNRBI), which suggested the route plan, told Xinhua on Friday that the expressway linking Lao capital Vientiane and the southern Lao hub Pakse, is the southern section of the north-south expressway of Laos. The Vientiane-Pakse Expressway with the length of about 578.6 km is estimated to cost around US$5.1 billion for its construction.