Deal signed for Malaysia-Laos rail-sea trade link

Laos, Malaysia Open New Rail-Sea Trade Corridor

Laos and Malaysia have launched a new trade corridor to improve regional logistics and strengthen economic ties, providing a direct route from Laos to global markets. On 25 May, both countries signed a Memorandum of Cooperation (MoC) between Malaysia’s Penang Port Sdn Bhd and Laos’ Thanaleng Dry Port (TDP). The agreement was signed by Datuk […]

Deal signed for Malaysia-Laos rail-sea trade link

PUTRAJAYA, May 25 — Laos and Malaysia have established a partnership to boost cross-border trade via rail and sea with the exchange of a memorandum of cooperation (MOC) between Penang Port Sdn Bhd (PPSB) and Thanaleng Dry Port (TDP) here today. The MOC was exchanged between MMC Port Holdings Sdn Bhd (MMC Ports) CEO Datuk Azman Shah Mohd Yusof and PTL Holding Co Ltd (PTLH) CEO Chanthone Sitthixay, witnessed by Prime Minister Anwar Ibrahim and his…