VIENTIANE, Sept 14 (Bernama) -- A Malaysian company, Universal Pacific Ltd has been given a 50-year concession by the Laos Government to develop a special economic zone near the newly-completed Laos-Thai railway line across the Mekong River.
According to Malaysian and Laos officials here, the company was expected to allocate US$50 million to develop the 53-hectare zone located in Dongphosy at the Laos-Thai Friendship Bridge.
"This is an area with great potential as it is close to Thailand, has a railway line which is important for transportation of goods and more so, future plans to extend the track to Vietnam and China," a Malaysian official said here.
Thailand funded the 197 million baht 3.5 km railway to its land-locked neighbour, linking the Kingdom's northeast city of Nong Khai and Dongphosy, located about 25km from the capital.
According to Vientiane Times daily, the agreement was signed last Saturday by Vientiane Department of Industry and Commerce Director Berlinh Phetchantharath and Universal Pacific Chairman Terence Lai.
The company is expected to undertake a mixed development project over a period of 10 years, comprising 3-star hotels, a shopping mall, hospital, bank, public park, duty free market, spa and sports facilities.
Many Malaysian companies are involved in the hospitality, services and construction sectors in Laos, among them Gamuda, Public Bank and Lao Syuen Development Co.
Is there any Muslim living in Lao yet? Maybe this is a good start to have Muslim living in Lao hope they won't cause any trouble in Lao in the future.
Yo!! Brother,Where have you been all those year?? we have had some muslims living in savannakhet, and a lot more in downtown vientiane. But our lao muslims really lived in peacefull, not a extremly muslims, ok.
Is there any Muslim living in Lao yet? Maybe this is a good start to have Muslim living in Lao hope they won't cause any trouble in Lao in the future.
i don't know where are you now, but your view about Muslim is wrong, Muslim people love peace and they don't like to violate as well as Lao, if Lao ppls don't make a trouble with them, I am sure that we live together as peace.
wow muslim in laos???? I never know we have muslim there! But I'm sure we can live and work together because its our Laotian nature to be generious and repectful to others nationals.
I agree everyone should get along doesn't matter what religions you are. For example i am buddha and i like muslim. One bad muslim is not every muslim people is bad.
OH YEAH! Lao people can get along well with any kinds of people. You don't like to eat pork is ok, we will eat them. You like goat, yes, We like them too. ( ob Bea ), hehehehehe
Yes, Laos has Muslim population such as the Tamils from southern India and Pakistan, the Cham who fled from Champa, Central Vietnam and from Cambodia during the Pol Pot regime.
VIENTIANE, Sept 14 (Bernama) -- A Malaysian company, Universal Pacific Ltd has been given a 50-year concession by the Laos Government to develop a special economic zone near the newly-completed Laos-Thai railway line across the Mekong River.
According to Malaysian and Laos officials here, the company was expected to allocate US$50 million to develop the 53-hectare zone located in Dongphosy at the Laos-Thai Friendship Bridge.
"This is an area with great potential as it is close to Thailand, has a railway line which is important for transportation of goods and more so, future plans to extend the track to Vietnam and China," a Malaysian official said here.
Thailand funded the 197 million baht 3.5 km railway to its land-locked neighbour, linking the Kingdom's northeast city of Nong Khai and Dongphosy, located about 25km from the capital.
According to Vientiane Times daily, the agreement was signed last Saturday by Vientiane Department of Industry and Commerce Director Berlinh Phetchantharath and Universal Pacific Chairman Terence Lai.
The company is expected to undertake a mixed development project over a period of 10 years, comprising 3-star hotels, a shopping mall, hospital, bank, public park, duty free market, spa and sports facilities.
Many Malaysian companies are involved in the hospitality, services and construction sectors in Laos, among them Gamuda, Public Bank and Lao Syuen Development Co.
--BERNAMA
So old ,very very old topic, I want know topic
How about MEGA Project in Lao ? can you sare news for samakomlao membership
Hey guy,Glad to see you again, you've always brings us something different, so I always remember you. I want to be god make let me see you again. It will focus on your dynamic!!!!!!!!!!