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China remains Laos' top foreign investor, says investment minister

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Projects funded by the investments have delivered significant benefits to both Laos and China, the minister said.

A large chunk of the investment has funded the China-Laos railway, the Vientiane-Vangvieng expressway, various special economic zones, power transmission lines and hydropower plants, local daily Vientiane Times reported Tuesday, quoting Lao Minister of Planning and Investment Khamjane Vongphosy."Agriculture also has a great deal of potential and has received a lot of attention from Chinese investors," the Lao minister added.

"This means the Lao government must actively encourage increased production to take advantage of new market opportunities in China, and ensure that more fruit and vegetables are grown for sale to China," Khamjane said. - Xinhua

 

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