Int’l symposium highlights ‘Railway Implications and Prospects’
Professor Dr Ruth Banomyong (third from left), Mr Sakhone Philangam (fourth from left), other speakers and guests gather for a group photo at the International Symposium on ASEAN Logistics Connectivity.
Prof. Dr. Ruth Banomyong, Director of the Centre of Excellence in Connectivity at Thailand’s Thammasat University, was honored to deliver a speech at the “ASEAN Logistics Connectivity and the first Laos Logistics Fair” held on October 10, 2024, in Vientiane, Laos. In conclusion, Dr. Ruir stated that connectivity is crucial to connecting Laos with other regions to stimulate and distribute investment and support trade. He noted that the time savings and reliability guaranteed by rail transport will likely be the main draws. He said that geographic location is often considered for rail transport, with inland cities having an advantage, but cheaper shipping routes are more competitive for coastal areas. Speed makes rail transport a good option. Average transit times are reduced by 22 percent. “As we say, time is money, so time savings are valuable.” In addition, rail transport is considered more reliable and safer than road transport. Statistics show that damaged shipments are reduced by 23 percent. “From a logistics and supply chain perspective, it is important to have reliable logistics. It also opens up new avenues to access the Chinese market.
More detail :
https://www.vientianetimes.org.la/freefreenews/freecontent_202_Intl_y24.php
https://www.ditp.go.th/post/186095