(KPL) Lao and Chinese coal miners have recently found a new coal mine in Saravane province is being interested among foreign investors.
The coal mine is a high potential resource of Saravane province, which estimated coverage at least 10 square kilometres.
Now a Chinese company has presented to investment in the exploitation about four square kilometres of coal mine.
According to a news source from the Planning and Investment Department of Saravane province told KPL news journalist that after having found a new coal mine in the province. Many foreign investors are interesting in the exploitation especially Chinese investor expected to take over this coal mine.
This new coal mine was found in Ta Oi district of Saravane province, which shares border with neighbouring Vietnam.
Mr Thongsay Bounthisa, Head of Industry and Mine Division of Saravan province disclosed yesterday that Chinese Chongya-Easy Company producing cement bases in Saravane province to take over the exploitation of this coal mine.
A recent discussion between Saravane authorities and Chinese Chongya-Easy Company that the Chinese company has already been authorised by Saravane administrative board. At moment the proposal of exploitation is under consideration of the government. source: kpl
