News
AIIB approves $320m for Sri Lanka and Laos loans
The Asian Infrastructure Investment Bank (AIIB) has given the green light for loans in Sri Lanka, totalling $280 million, and Laos, which will receive $40 million.Meanwhile the $40 million loan for Laos will go towards improving an important section of National Road 13, which will ...
Romil Patel
New rest area to revive weary motorists in Xeno
A new rest area for motorists in Xeno, Savannakhet province has opened for public service this week after completion of the project.The facility was built in previously vacant space at the junction of National Road No.13 and National Road 9W in Xeno, the capital of ...
Times Reporters
Lao construction sector eyeing strong growth in 2019
VIENTIANE (Vientiane Times/ANN) – Laos expects to see more than 10 percent growth in the construction sector this year with the government putting in place measures to address business financing and stimulate the economy.The trend is being driven by factors such as investment in services, ...
News Desk
ARATA Garden Residences” Launches Japanese Developer’s 1st Project In Laos
(KPL) The community housing project “ARATA Garden Residences”, on the back side of LAO ITECC and next to That Luang Lake of Xaysettha district, will start its construction in early 2019 and is expected to be completed by the end of the first quarter of 2021.ARATA ...
KPL
Acceleration propelling mega-project development, PM tells legislators
Mega-development projects with construction underway are being accelerated in an effort to bolster economic growth, Prime Minister Thongloun Sisoulith told the National Assembly (NA) recently. Presenting the socio-economic development report to the ongoing 5th Ordinary Session of the NA’s 8th legislature, the nation’s Head of ...
Souksakhone Vaenkeo
