Tuesday, 06/10/2026

An agreement to this effect was signed in Vientiane capital city on November 5 by the company’s representatives and the Lao Government.

 

The company’s general director, Cu Thanh Tien, said the project, which will be carried out within the next four years, has an initial investment of US$4 million. The company will continue with negotiations for the project if it proves its feasibility following the exploration phase, he added.

 

Ore mining has emerged as one of Laos’ spearhead economic sectors in the recent years, attracting a large flow of investment capital from investors both at home and abroad. The export of minerals, especially gold and copper, is a major source of revenue for the state coffer.

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