(VOV) - Vietnam and Laos on March 16 signed a contract to conduct a survey on gypsum in Vientiane, Laos.
The gypsum project will be implemented in Kham Muon province in an area of over 4.7 square kilometers with a large reserve of around 2.2 million of tonnes and investment capital of US$700,000.
This gypsum mine is located near highway No 13 which will make it easy for the survey and exploitation work.
Signatories were Deputy Minister of Planning and Investment Thongmy Phomvisay and Director of the Vietnam-Laos Mineral Cooperation Company, Le Dinh Tu.
Mr Tu thanked the Lao Government and the authorities of Kham Muon province for creating favourable conditions for the company.