Laos’ Rubber Industry Thrives with New China-Laos Railway
The recent opening of the China-Laos Railway has marked a significant turning point for Laos’ rubber industry. For rubber tapper Phet Jaidee, the new transport link has transformed his life in ways he never imagined.
“Before the railway, selling rubber was challenging. The roads were difficult, and it took a long time to reach buyers,” Phet shared. “Now, I can get my rubber to market quickly, and I’m earning more than ever.”
The railway has provided unprecedented access to China and global markets, boosting incomes for producers across the country. With faster transportation and lower costs, Laos is experiencing a surge in economic growth.
Minister of Commerce, Somchai Anousone, commented, “The China-Laos Railway is not just a train line; it’s a lifeline for our nation’s industries. Our rubber producers can now compete on a global scale.”
The improved standard of living for workers like Phet reflects the broader positive impact on the economy. As Laos continues to develop its infrastructure, many are optimistic about the future prospects for the country’s industries.
Reference(s):
cgtn.com
