SINGAPORE, Aug. 29 (Xinhua) -- The ASEAN regional bloc plans to attract
investors for a railway link from Singapore to Kunming in southern China, ASEAN
economic ministers said here Friday.
Economic ministers from the Association of Southeast Asian Nations (ASEAN)
and China announced they will convene a conference and exhibition on the project
to "publicize, promote and attract investments for the Singapore-Kunming Rail
Link in early 2009," according to a joint statement released here Friday.
A special working group on the railway project will also meet in November
in Malaysia, it said.
To complete the link, 550 km of "missing links" still need to be built at
an estimated cost of 2 billion U.S. dollars, at year 2006 prices, said the
statement.
The proposed railway line of 5,000 km will link major cities in eight
countries, including Singapore, Malaysia, Thailand, Cambodia, Vietnam, Laos,
Myanmar and China.
Economic ministers from ASEAN and its six dialogue partners like China,
Japan and Australia concluded their five-day meetings in Singapore on Friday.