A spokesperson for the Lao Ministry of Construction confirmed on June 16 that representatives of the Lao Ministry and the Vietnamese Group have signed an airport building contract in Vientiane.
Under the contract, HAGL Group will build the airport which is designed to accommodate large planes such as ATR72s and FOK-KER70s.
The project is scheduled to be completed in 2015.
Located in north Laos, Houaphan was considered the country’s capital of war resistance during wartime. Today, its transportation and communication with capital Vientiane remain in difficulty.
The contract was signed in Vientiane on September 19 by Lao Deputy Minister of Planning and Investment Thongmy Phomvixay and Ngo Tuan Dung, General Director of SGI Lao Hydroelectric JSC, which was set up by the group to pool resources for the implementation of the project. With a design capacity of 288 MW, the project will be built at an estimated cost of nearly US$450 million. Scheduled for operation in 2016, the plant will generate 1,000 GWh each year, of which 85 percent will be transmitted to Vietnam and the remainder to local ties in Laos. As part of Vietnam’s…... [read more]
The contract was signedin Vientiane on Sept. 19 by Lao Deputy Minister of Planning andInvestment Thongmy Phomvixay and Ngo Tuan Dung, General Director of SGILao Hydroelectric JSC, which was set up by the group to collect the bestresources for the implementation of the project. With a designed capacity of 288 MW, the project will be built with an estimated capital of nearly 450 million USD. Once operational, scheduled for 2016, the plant will generate 1,000GWh each year, of which 85 percent will be transmitted to Vietnam andthe remainder is for local power demand in Laos. Aspart of the national electric…... [read more]
The hotel includes 169 first class, 14 VIP and 2 VIP Deluxe rooms, aswell as a conference centre, meeting hall, restaurant, and recreationand sports area. The 16.5-million USD hotel will be finished in 15 months. It is expected to create 200 jobs for local people, which helpsintensify investment cooperation as well as comprehensive friendshiprelations between Vietnam and Laos . This is the second hotel the corporation has financed in Laos.-VNA... [read more]
The deputy chairman of the city People's Committee, Nguyen Huu Tin, said the existing infrastructure would be overwhelmed if Tan Son Nhat Airport's handling capacity is raised from the present 20 million passengers to 25 million per year. Tin was speaking at a meeting of the State Assessment Council for Long Thanh International Airport Project last Friday in Ha Noi. He explained that to meet the additional 5 million passengers per year, the city must invest US$4 to 5 billion to upgrade the transport facilities, including an elevated railway and roads connecting with the airport. Tin said HCM City had…... [read more]
The opening ceremony was attended by Lao Deputy Prime Minister SomsavadLengsavad, Vientiane ’s Mayor Sombath Yialiher, Vietnamese Ambassadorto Laos Ta Minh Chau. and the Chairman of the Ha Do Group, Nguyen TrongThong. With a total investment capital of 250million USD, the urban area comprises a modern system of apartments,schools, trade centres and offices. It is expected to generate jobs for local people and help boost the city’s northern area./.... [read more]
Mr Yip Hoong Mun, Deputy CEO of CapitaLand (Vietnam) said, “Vietnam is CapitaLand’s fourth core market and is also our fourth pillar of growth. CapitaLand aims to build buildings to help improve community living standards. We not only wish to grow our business but also to build our people.” He spoke with Vietnam Business Forum at the signing ceremony between CapitaLand (Vietnam) and the People’s Committee of Thanh Ba district, Phu Tho province to jointly fund a 3.3 billion VND refurbishment project of Nang Yen primary school (Phu Tho province) on 18th May 2011. Building developmentsIn 1994, CapitaLand entered Vietnam’s…... [read more]
NDO - Deputy Foreign Minister and Head of the National Border Committee Le Hoai Trung granted an interview to the press concerning the Vietnam - Laos border marker work following the conference reviewing the completion of the project on upgrading and increasing the number of border markers along the Vietnam-Laos border. Q: Would you please tell us the main outcomes of the process of resolving the Vietnam-Laos border issue as a Chairman of the National Border Committee under the Ministry of Foreign Affairs?A: The Vietnam - Laos border line is approximately 2,337 km long and is contiguous to 10 provinces…... [read more]
Under theadopted plan which covers until 2020, with a vision to 2030, in thefirst phase from now to 2020, the airport construction will need atotal of over 1.4 trillion. On a total area of 235ha, the civil airport area will occupy 34.2 ha while 31.2 ha will beallocated for a military airport area and 169 ha for other purposes.The airport will boast a 3,000 sq.m. passenger andmanagement terminal and will have an 1,850 metre long runway designed toserve ATR72 aircraft./.... [read more]
People from the Bo Y ethnic group at a traditional festival. (Photo: baomoi.com)Lao Cai (VNA) - A class on traditional culture of the Bo Y ethnic minority group in the northern province of Lao Cai will be held in the locality from May 11 to 13.Eighty teenagers from the province’s Muong Khuong District will be trained by elderly artisans from the local community on how to play the group’s folk games.The class has been organised by the Ministry of Culture, Sports and Tourism in cooperation with the provincial department of culture, following the government’s project to preserve and develop the…... [read more]
The building willserve as the bank’s head office in Laos while providing office space forrent with a total floor space of 18,552 sq.m, according to Nguyen VanDu, Deputy Director General of Vietinbank. Theproject which has a total investment of 25 million USD, will be carriedout by the Lao company Chitchareune over 36 months. Vientiane’s Mayor Sinlavong Khoutphaythoune welcomed the constructionof a modern building of Vietinbank in Vientiane’s downtown, saying thatit reflects the bank’s commitment to the Lao market. Vietinbank opened its first branch in Lao in 2012.-VNA... [read more]