Laos’ Deputy Minister of Planning and Investment Thongmi Phomvisay and theDirector General of Vietnam ’s Thanh Thanh Dat Company, Tran QuangLuan, signed a memorandum of understanding on October 28 in the Laotiancapital Vientiane , under which both parties will study the area andthe project’s feasibility.
The project will utilise9,900 ha of land and also build a rubber latex processing plantfollowing environmental requirements, using local labour, said DirectorGeneral Luan.
Apart from this project, the companyhas already carried out a number of ventures in Bolikhamxay province anda social welfare programme in other parts of Laos./.