Laos Signs MOU for Solar Energy Project in Two Provinces

28/03/2025 14:52
Email Print 8020
KPL The government signed a Memorandum of Understanding (MOU) with AB Construction and Shaochun Hung Heuang Co., Ltd. to conduct a feasibility study for a solar power project in Bolikhamxay and Sekong provinces on March 26, 2025.

(KPL) The government signed a Memorandum of Understanding (MOU) with AB Construction and Shaochun Hung Heuang Co., Ltd. to conduct a feasibility study for a solar power project in Bolikhamxay and Sekong provinces on March 26, 2025.

The agreement aims to explore the potential for solar energy development in Pak Kading, Bolikhamxay (4,013 hectares), and Laman, Sekong (1,662 hectares). The project seeks to ensure high-quality feasibility studies and efficient implementation while considering energy conservation and sustainability.

Attending the signing ceremony were senior government officials, including Dr. Insyxiengmai Sthabandith, Deputy Minister of Planning and Investment; Chansavang Bounyong, Deputy Minister of Energy and Mines; and provincial leaders from Bolikhamxay and Sekong. Business representatives included Sern Xiang, Chairman of AB, and Zhong Haihui, CEO of Shaochun Hung Heuang Co., Ltd.

AB Construction, founded in 2009 under Lao law, has contributed to infrastructure development for over 16 years. Shaochun Hung Heuang Co., Ltd., established in 1998 in China and listed on the Shanghai Stock Exchange in 2016, specializes in advanced computing and telecommunications.

This collaboration is expected to drive economic growth, improve energy infrastructure, and support environmental sustainability in Laos.
KPL

ຂ່າວອື່ນໆ

    •    ADB lowers Laos’ 2025 growth forecast to 3.7%Economics

      ADB lowers Laos’ 2025 growth forecast to 3.7%

      10/16/2025 5:30:08 PM

      (KPL/VNA) The Asian Development Bank (ADB) has lowered Laos’ 2025 GDP growth forecast from 3.9% to 3.7%, citing debt vulnerabilities, weak demand, and trade tensions.

    • Laos’ Tourism Sees Strong Recovery in 2025Economics

      Laos’ Tourism Sees Strong Recovery in 2025

      10/15/2025 2:24:44 PM

      Laos’ tourism sector is showing promising signs of recovery in 2025, with more than 3 million tourist arrivals recorded in the first eight months of the year. According to Mr. Khampheuy Philapha, Director of the Personnel Department, Ministry of Culture and Tourism, more than 3 million visitors entered the Lao PDR between January and August 2025, highlighting a steady rebound for the sector following global and regional challenges.

    • Laos Nears Completion of Major Cross-Border Wind Power ProjectsEconomics

      Laos Nears Completion of Major Cross-Border Wind Power Projects

      10/10/2025 9:42:27 AM

      The Xeuchin Wind Power Projects 1 and 2 in Bolikhamxay Province, are rapidly approaching completion, with over 80% of construction already finished. The projects are on schedule to begin generating electricity by the end of 2025. According to Project Director Mr. Ruang Jungang, both Phase 1 (250 megawatts) and Phase 2 (350 megawatts) are set to commence commercial operations by the end of this year. The electricity generated will be exported to Vietnam under a cross-border energy cooperation agreement.

    • Laos to Launch Inaugural Lao Money Expo in December to Drive Economic GrowthEconomics

      Laos to Launch Inaugural Lao Money Expo in December to Drive Economic Growth

      10/2/2025 1:03:24 PM

      In a strategic move to address ongoing economic challenges and foster financial sector development, Laos will host its first-ever "Lao Money Expo 2025" this December, organizers announced.

    • ADB revises Laos’ growth down to 3.7 pct for 2025Economics

      ADB revises Laos’ growth down to 3.7 pct for 2025

      10/2/2025 10:50:50 AM

      The Asian Development Bank (ADB) has revised its economic growth projections for Laos downward, pointing to persistent debt vulnerabilities, weak external demand, and ongoing trade tensions as key factors tempering the nation’s recovery.


Top