Director of the provincial Energy and Mines Department Vithaya Phommachanh said that 691 million USD was invested in several power projects, including Xekaman 1, Xekaman Sanxay, Xekong Loum A and Xekong Loum B hydropower plants, which are expected to be completed in 2025.

Illustrative image.

The power projects also include a thermal, a solar and a biomass power plants, along with some transmission lines.

The remaining 30.8 million USD was invested in a transformer station. Meanwhile, 93.3 million USD was poured in the mining sector.

The Vientiane Times also reported that Vietnam is currently running 417 projects worth 4.3 billion USD in Laos, ranking third among 54 nations and territories pouring capital into the country.

Last year, the Lao Government allowed Vietnamese businesses to invest in three projects, including two in the mining sector and one in the banking sector.

Two-way trade hit 1.37 billion USD in 2021, up 33.32 percent year-on-year.

Bac Giang to increase investment in processing to ease burden of fresh lychee consumption

(BGO) - The export of fresh lychee this year is predicted to face difficulties, thus, many firms pay attention to investing in processing to diversify the products.

 

Bac Giang strives to keep pace with investment attraction to industrial clusters

(BGO)- In recent years, land clearance to implement the projects in Bac Giang province has been paid special attention, which has been regularly reviewed to evaluate the progress including the land clearance for building infrastructure of industrial clusters invested by the enterprises.

 

Bac Giang focuses to support lychee consumption and disburse public investment capital

(BGO) – The People’s Committee in Bac Giang province (PPC) on May 19 held regular meeting in May under the chair of PPC Chairman Le Anh Duong.

 

379 Investment JSC gives hot bonus of 200 million VND to Bac Giang gold medalist in badminton event at SEA Games 31

(BGO) – To stimulate and encourage Bac Giang athletes competing at the 31st Southeast Asian Games (SEA Games 31), 379 Investment Joint Stock Company (JSC) gave hot bonuses to medalists on May 16 at the Bac Giang provincial Gymnasium in the South urban area of Bac Giang  city.

 

Bac Giang speeds up disbursement of public investment

(BGO)- Progress of disbursement of public investment plays a significant role in socio-economic recovery and development of Bac Giang province in 2022. However, the disbursement of this financial resource still faces numerous difficulties.

 

Source: NDO/VNA