Conference promotes investment, tourism in Laos’ Sekong province

At the event, a representative from the Lao province briefed participants on the locality’s socio-economic development and investment attraction achievements. Two years into the implementation of the 2016-2020 economic development plan, the province continues to enjoy remarkable economic growth, with gross regional domestic product (GRDP) reaching 9.17% and per capita income at 12.64 million LAK (US$1,580).

Investment promotion and attraction has also produced positive results. Notably, in the field of energy, there are currently 44 projects with a combined capital of over US$1.2 billion. The province is calling for investments to 41 other projects, including 13 hydropower, two thermal power, one wind power, and two solar power projects.

Participating Vietnamese enterprises were also introduced to Sekong’s advantages, potential, and preferential policies as well as its fields of priority such as tourism, transport, mining, trade, and industry.

Quang Nam province pledged to soon propose that the two Governments approve the upgrade of the Nam Giang-Dak Ta Ook border gate to international level in order to create a breakthrough in tourism development and investment cooperation, bringing the East-West economic corridor crossing the two localities into full play.