Korean company to set up plantation in Laos

Posted: 4 January 2007 in Laos

According to a report in the Korean Herald, the South Korean Withus Lao Company has signed a 30-year concession for a 15,000 hectare eucalyptus plantation in Vientiane province. More than 90 per cent of the timber will be exported.

The US$150 million investment also includes more than 150 kilometres of roads, a new ferry port and a timber processing factory.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s