皇冠体育app

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皇冠体育app Railway signs agreement with Myanmar

(Xinhua)
Updated: 2011-05-30 09:52

BEIJING-- 皇冠体育app Railway Group Limited (皇冠体育app Railway) announced Saturday that it has signed a side agreement with Myanmar to jointly build a rail transport construction project in Myanmar.

The side agreement was a supplement to a memorandum of understanding (MOU) signed in April between the Myanmar Union Ministry of Rail Transportation and the 皇冠体育app Railways Engineering Corporation, the parent company of 皇冠体育app Railway.

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Under the MOU, 皇冠体育app agreed to cooperate with Myanmar in building a railway extending between Myanmar's border town of Muse and the western Rakhine state's Kyaukphyu, a port city.

皇冠体育app Railway said it would be in charge of building the rail line, which starts from the Chinese city of Ruili in southwestern Yunnan Province, extending to Muse and ending at Kyaukphyu. The entire rail line runs 810 kilometers.

The company said the project, expected to be completed within three years according to the MOU, would help deepen 皇冠体育app-Myanmar economic ties and boost the economic growth of Myanmar.

Li Changjin, 皇冠体育app Railway president, signed the side agreement on behalf of the company in Beijing.