KPL
(KPL) Over the past twenty years, Phu Bia Mining (PBM) has implemented 436 projects designed to raise the living standards of local communities in Xaysomboun, Vientiane and Borikhamxay Provinces.
(KPL) Over the past twenty years, Phu Bia Mining (PBM) has implemented 436 projects designed to raise the living standards of local communities in Xaysomboun, Vientiane and Borikhamxay Provinces.
These projects, in the sectors of agriculture, education, health, infrastructure development, enterprise development, and access to finance, are benefiting 27 villages in total.
Schools, irrigation facilities, hospitals, markets and asphalt roads have been built and upgraded with funding from Phu Bia Mining in Nam Mo, Nam Gnone and Nasaysavang of Xaysomboun Province.
“The projects have improved health, education and agricultural capability, developed small businesses, improved financial literacy, and significantly helped improve infrastructure for local communities close to our operations. The projects and initiatives are specifically designed to ensure that Phu Bia Mining significantly contributes to socio-economic development and poverty reduction in Laos, both now and in the future,” Phu Bia Mining Chairman, Mr Chanpheng Bounnaphol.
Phu Bia Mining established Community Development Fund in 2002. Since then, the fund has successfully completed 436 small-scaled community development projects with an investment of more than US$4.9 million.
“At Phu Bia Mining, 93 per cent of our employees are Lao nationals. We also realise the importance of the local communities around our operations. I’m proud that we employ more than 700 people who have been recruited from the local communities of Ban Nam Mo, Nam Gnone and Nasaysavang,” said Mr Chanpheng. “The local employment benefits the region financially as well as developing and upskilling many local people, which is a true long-lasting legacy that continues to bring employment opportunities far beyond the life of our operations.”
Phu Bia Mining is a part of PanAust Limited, an Australian headquartered copper and gold mining company, who are themselves owned by Guangdong Rising H. K. (Holding) Limited. This Chinese state-owned enterprise has a long-term commitment to be present in Laos.
KPL
