Dong Nai invests over US$1.1 bil in Laos

09:07, 13/07/2012

(ĐN)- Dong Nai has so far invested more than US$1.1 billion in Laos, reported the provincial Department of Planning and Investment.

6 lao (Tin Nghia).JPG
Four-star hotel invested by Timexco

(ĐN)- Dong Nai has so far invested more than US$1.1 billion in Laos, reported the provincial Department of Planning and Investment.

Particularly, Tin Nghia One-member Limited Liability Co. (Timexco) has invested two projects in Champasak province with a total registered capital of US$40 million. The company is planning to build coffee and rubber processing factories in this country.

Long Thanh Golf Investment and Trade J.S Company is also implementing two projects totaling nearly US$1.1 billion in Hatsaiphong district in the Lao capital city of Vientiane.

The projects cover over 550 hectares of land and include an 18-hole golf course, a five-star hotel, high-grade villas, resort, school and hospital.

Long Thanh Golf is among a number of Vietnamese businesses operating successfully in Laos.

Reported by V.L