Work on construction of a bauxite-alumina mining industrial complex, one of Viet Nam’s largest projects in Lao, began in Dakcheung District, the southern Lao province of Sekong, on Monday.
It is the biggest foreign-invested project in Sekong province.
Covering 8.692ha, the bauxite mine worth US$1 billion has an annual capacity of one million tonnes. It is expected to operate for 30 years and could be extended to 50 years.
Chairwoman of the Board of Directors and General Director of Viet Phuong Group, Phuong Minh Hue pledged to bring success to the project, contributing to socio-economic development in remote and disadvantaged areas of Sekong Province and bilateral economic ties between the two nations, especially in the Viet Nam – Laos – Cambodia development triangle.
Vietnamese Ambassador to Laos Nguyen Ba Hung wished that Lao authorities from local to central levels would actively help Viet Phuong Group achieve its goals and generate jobs for local workers, thus contributing to Lao socio-economic development and the local living conditions.
On the occasion, an office for the complex’s management was opened. VNS