Groundbreaking Held for Lao Cai Yun Circular Economy Industrial Zone

29/12/2025 18:36
Email Print 4221
KPL On December 25, 2025, A groundbreaking ceremony was held on December 25 to mark the start of infrastructure construction for the Lao Cai Yun Circular Economy Industrial Zone in Khammouane Province.

(KPL) On December 25, 2025, A groundbreaking ceremony was held on December 25 to mark the start of infrastructure construction for the Lao Cai Yun Circular Economy Industrial Zone in Khammouane Province.

The event was attended by senior officials and invited guests, including Mr. Somsavat Lengsavad, former Deputy Prime Minister; Mr. Malaithong Kommasith, Minister of Industry and Commerce; Mr. Somjai Phanichan, Deputy Secretary of the Provincial Party Committee; Mr. Han Hui Lu, Chairman of Lao Cai Yun Company; and representatives from relevant sectors.

Speaking at the ceremony, Mr. Huang Tesuan, Director of Lao Cai Yun Bolikhamxay Limited Company, said the company has been operating in the Lao PDR since 2008, focusing on the research and efficient utilization of potassium salt resources. He noted that the company currently produces more than one million tons of potassium fertilizer annually, helping build international recognition for Lao potassium fertilizer while contributing to national socio-economic development and industrialization.

The industrial zone will cover approximately 1,000 hectares and aims to establish a modern industrial cluster based on efficient resource recycling and reuse, integrated industrial development, and environmental sustainability. Planned key industries include deep processing of potassium salt, chemicals, salt, bromine, renewable energy, green agriculture, and related commercial services.

Officials said the project is expected to support Laos’ transition from a resource-exporting economy toward industry-led and sustainable development, in line with circular economy principles.

The ceremony concluded with a symbolic groundbreaking, as Mr. Somsavat Lengsavad, together with attending guests, conducted the ceremonial pile driving and cement pouring to officially launch construction.

 

KPL

ຂ່າວອື່ນໆ

    • Businesses expect fresh momentum in Vietnam – Laos economic cooperationEconomics

      Businesses expect fresh momentum in Vietnam – Laos economic cooperation

      2/6/2026 10:25:53 AM

      (KPL/VNA)Following the success of the 14th National Congress of the Communist Party of Vietnam, the Vietnamese business community in Laos has shown their expectation that the state visit to Laos by Party General Secretary To Lam on February 5, at the invitation of General Secretary of the Lao People’s Revolutionary Party and President of Laos Thongloun Sisoulith, will generate new, stronger and more substantive momentum for bilateral economic cooperation.

    • Ministry of Finance Assesses 2025 Financial Results, Outlines 2026 PrioritiesEconomics

      Ministry of Finance Assesses 2025 Financial Results, Outlines 2026 Priorities

      1/30/2026 10:30:28 AM

      The Ministry of Finance on January 29, 2026, convened a meeting to review financial performance in 2025 and outline priorities for 2026, under the theme “Uphold the Party’s leadership, strengthen self-reliance, modernize financial management, and drive strong, green and sustainable socio-economic development.”

    • Beekeeping Generates 200 Million Kip in Annual RevenueEconomics

      Beekeeping Generates 200 Million Kip in Annual Revenue

      1/28/2026 1:29:13 PM

      While many people believe honey comes only from the wild, beekeeping can be successfully developed with proper equipment, knowledge, and a suitable location. This is demonstrated by Professor Tue Surinthon, former Head of the Technical Department at the Faculty of Agriculture, National University of Laos, who has transformed decades of academic study into a profitable beekeeping enterprise.

    • Lao Economy Strengthens, but Sustained Reforms Needed for Long-Term GrowthEconomics

      Lao Economy Strengthens, but Sustained Reforms Needed for Long-Term Growth

      12/11/2025 3:26:41 PM

      Increased exports, foreign investment, and tourism are helping the Lao PDR emerge from a prolonged economic slowdown, according to a World Bank economic update released today. The report notes that further reforms in the business, finance, and infrastructure sectors will be essential to maintain this momentum.

    • Laos and Vietnam boost economic cooperation project Economics

      Laos and Vietnam boost economic cooperation project

      12/9/2025 9:41:54 AM

      (KPL/Prensa Latina) Laos and Vietnam approved their Cooperation Plan for 2026 in this capital, with the aim of strengthening bilateral economic ties in a context of growing trade.


Top