China remains Laos' top foreign investor, says investment minister


VIENTIANE, July 19 (Xinhua): China continued to be the largest investor in Laos, with cumulative investment in 833 projects amounting to around 16.4 billion U.S. dollars, a Lao minister has said.

A large chunk of the investment has funded the China-Laos railway, the Vientiane-Vangvieng expressway, various special economic zones, power transmission lines and hydropower plants, local daily Vientiane Times reported Tuesday, quoting Lao Minister of Planning and Investment Khamjane Vongphosy.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Laos , China , Big Investments

   

Next In Aseanplus News

Malala ‘overwhelmed’ by her homecoming
Foreign minister to attend Trump inauguration, sources say
Cool climate, warm hearts in the capital of ice
Japan to deliver boost for maritime security
Rallying for and against Yoon
Thai suspect confesses to killing Cambodian ex-lawmaker
Duterte rally prompts impending shutdowns in Manila
Ex-lawyer jailed over Facebook post
Mystery over Jeju Air disaster remains
It's over for M'sia at home with defeat of Wei Chong-Kai Wun in semis

Others Also Read