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Saturday, 6-6-26 17:51:04

Economics

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Hoang Anh Gia Lai Group unveils projects in Laos

At the ground-breaking ceremony, HAGL Chairman Doan Nguyen Duc said the sugarcane industrial complex will be the first largest and the most modern of its kind in the southern region.

The project, costing US$100 million, comprises a sugar factory with a capacity to produce 7,000 tonnes per day; a 30MW thermal power plant, an ethanol factory with an annual capacity of 30,000 tonnes and a fertilizer factory with a capacity of 50,000 tonnes per year.

All the factories are expected to create about 20,000 jobs for the people in Attapeu province.

On behalf of the Party and Government of Laos, Deputy Prime Minister Somsavat Lengsavad highly valued HAGL’s investment in Laos, particularly in Attapeu province.

He affirmed that the Lao Government will create favourable conditions for Vietnamese businesses to cooperate with and invest in Laos.

Also on the same day, Chairman Duc inaugurated 200-bed hospital in Attapeu province and a two-storey school in Saysetha district.

The four-star Hoang Anh Attapeu hotel was also inaugurated on this occasion.

(VOV)
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