The transport sector was the largest recipient of the Bangladesh government’s investments over the past two decades. It accounted for about 20% of the total annual expenditures from 1999 to 2017.
Over the past decades, Bangladesh's transport sector received the biggest share in government investment, accounting for about 20% of the total annual expenditures from 1999 to 2017.
In October 2007, the government of Turkmenistan signed a multilateral agreement with Kazakhstan and Iran to construct a north–south railway line to promote regional trade, cooperation, and integration.
The interior regions of the People’s Republic of China (PRC) have not benefited as much from economic growth and reforms as the east coast. In fact, the gap in economic and social development had been increasing in the years leading to the project appraisal in 2005. Inadequate transport infrastructure and high logistics costs were among the key constraints.
The project line is a section of the Eastern Economic Corridor of the Greater Mekong Subregion (GMS) Economic Cooperation Program. It opened in the early 1900s and runs for about 285 kilometers (km) northwest from Hanoi to Lao Cai City on the border with Yunnan province in the People’s Republic of China (PRC).
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