Central province increases investment in Laos

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VOV News English - 32 month(s) ago 10 readings

Central province increases investment in Laos

(VOV) - Leaders of the central province of Ha Tinh expressed their desires to boost investment cooperation with Lao localities at a meeting with Deputy Prime Minister Somsavat Lengsavath in Vientiane on March 24.

Vo Kim Cu, chairman of the provincial People’s Committee, requested that the government and relevant ministries of Laos support Ha Tinh in expanding cooperative ties with its Lao border localities, by speeding up transport projects, facilitating operations at the border gate economic zone, and streamlining customs procedures.

Cu highlighted the encouraging results of cooperation projects between Ha Tinh and Lao provinces, especially in training Lao officials in Vietnamese and other subjects, and building schools in Khammouan and Bolikhamxai provinces.

Currently, more than 10 businesses from Ha Tinh are investing in rubber plantation, plaster exploitation, barbed wire production, and forest product processing in Laos, he said.

Deputy PM Lengsavath appreciated Ha Tinh’s assistance to Lao provinces, primarily in education and training, and welcomed Cu’s proposals, helping the Lao government and the sub-committees of the two countries to consider future cooperation plans.

He said he will direct Khammouan and Bolikhamxai administrations and relevant agencies to study Cu’s proposals to make decentralised cooperation between Lao and Vietnamese localities more efficient.

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