Vietnam group starts huge sugar project in Laos

November 23, 2011 | 09:06

(0) user say

Vietnam’s Hoang Anh Gia Lai Group started work on the construction of a $100 million sugar and sugarcane industrial cluster in Attapeu province, southern Laos on November 22.

illustration photo

The cluster includes a sugar mill with a capacity of 7,000 tonnes per day, a 30MW thermal power plant, an ethanol plant with a capacity of 30,000 tonnes per year and a fertiliser plant with a capacity of 50,000 tonnes a year.

These facilities are expected to create 20,000 jobs for local people when they are put into operation.

Addressing the ceremony, Vietnamese Deputy Prime Minister Nguyen Xuan Phuc thanked the Lao government for their facilitation to Vietnamese businesses and expressed his belief that Lao leaders will continue creating favourable conditions for Hoang Anh Gia Lai and other Vietnamese investors in Laos.

On behalf of the Lao government, Deputy Prime Minister Somsavat Lengsavath praised Vietnam investors in Laos, particularly Hoang Anh Gia Lai and pledged to facilitate their operation in Laos to contribute to boosting the Laos-Vietnam special friendship and solidarity.

Also on November 22, Hoang Anh Gia Lai chairman Doan Nguyen Duc handed over the key of a 200-bed hospital worth $6 million as a gift from the group to the people of Attapeu and presented a two-storey school to Saysetha district of the province.

The same day, Hoang Anh Gia Lai inaugurated a four-star hotel in the township of Attapeu.

VIR/VNA

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional