Chinese keen to invest in Champassak’s Khonphapheng SEZ

A Chinese company has told Lao authorities they want to invest US$10 billion in developing Khonephapheng special economic zone in Champassak province. Deputy Governor of Champassak province Mr Buasone Vongsongkhone told Vientiane Times on Tuesday that provincial authorities held talks with the company recently and signed a note of their meeting in the province. The company has told us that they already have the US$10 billion funding and are interested in developing this zone, he said. However, they want to further conduct a feasibility study on this project and we have provided them information in regards to the previous study carried out by our authorities.

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