Laos’ southern Xekong province will issue preferential policies to attract foreign investors, especially those from Vietnam, said deputy governor of the province Lieng Khamphoune.

The province wants to lure investment in the fields of rubber plantation, livestock breeding, electricity generation, and mineral exploitation, which are Vietnam’s major advantages.

One of the province’s preferential policies is to resolve issues relating to land area for rubber plantation. The province will also provide investors with sufficient information about the scale, location, and investment capital. Regarding agricultural projects, investors will be responsible for providing capital, technical assistance and outlets for products while localities will supply land area and labourers.

Xekong has a 250km border line with the Vietnamese provinces of Quang Nam, Kon Tum and Thua Thien-Hue.