Lanexang cement Lao factory officially starts production
Lanexang cement Lao factory in Khounkham district of Khammuan province has began production last week and aims to be one of the biggest cement suppliers in Laos.
The Yunnan provincial Energy Investment Group Co., Ltd (YEIG) invested US$1.2 billon to build the factory. According to the company report, the agreement for factory construction was signed on 30 March 2012 in Vientiane during a meeting to promote economic cooperation between Laos and China. The signing ceremony was witnessed by Yunnan provincial governor, Mr Li Ji Heng and Lao Deputy Prime Minister Somsavat Lengsavad.