Laos Post

Thursday, Nov 21, 2024

Laos-China Business Meeting Strengthens Investment Ties

Chinese Investments in Laos Exceed $15 Billion Across Key Sectors
Chinese enterprises have invested over $15 billion in more than 900 projects in Laos, focusing on energy, mining, infrastructure, and agriculture. This was highlighted at the Laos-China business meeting held on November 9 in Zhejiang province, with Lao Prime Minister Sonexay Siphandone delivering a keynote address.

Organised by the Lao National Chamber of Commerce and Industry and the Zhejiang Provincial CCPIT, the meeting facilitated discussions on economic development, investment potential, and renewable energy. Agreements were signed to boost cooperation, and participants engaged in a study tour on poverty alleviation and industrial development.

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