Business

Vietnam’s real estate project contributes to Laos’ development

The real estate and golf course project in the outskirts of Vientiane, Laos, funded by Vietnam’s Long Thanh Golf company, is aimed at implementing Lao government’s policy to improve people’s living standard and develop the country, said Anouphab Tunalom, Vientiane’s deputy mayor, on February 17.
The real estate and golf course projectin the outskirts of Vientiane, Laos, funded by Vietnam’s Long ThanhGolf company, is aimed at implementing Lao government’s policy toimprove people’s living standard and develop the country, said AnouphabTunalom, Vientiane’s deputy mayor, on February 17.

Covering an area of 557.4 hectares, the 1 billion USD project, thelargest foreign-invested one in Laos, will include a 36-hole golfcourse, a five-star hotel, a villa resort, a trading centre and aschool.

The project is in the land clearance period and expected to finish 9holes on the occasion of the 450 th anniversary of Vientiane.

Once operational, it will create a new face for Vientiane and contribute to Laos’ socio-economic development./.
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