The Lao National Railway State Enterprise (LNR) has authorized Kaocharoen Train Transport Co., Ltd to serve as its representative on a rail freight transport cooperation with the State Railway of Thailand (SRT).
A signing ceremony for a Memorandum of Understanding on Thailand-Laos-China railway transport cooperation took place in Vientiane on Feb 23.
The agreement was signed by LNR Director General Daochinda Sihalath and Chairman of the Board of Directors of the Kaocharoen Train Transport Co., Ltd Panya Paputsaro in the presence of relevant officials of both sides.
Under the MoU, LNR will serve as a coordinator and reserve freight trains from SRT for Kaocharoen Train Transport to use for cross-border rail transport.
The Kaocharoen Train Transport is required to abide by the rules of SRT and prepare information and data on goods to be transported from SRT, Bangkok, Thailand and report it to LNR 15 days in advance.
Source: Lao News Agency