The complex is to be operated by BM Group, a joint venture between Sayam International, which owns 49 per cent, and Phisith Banyadith, president of BMM Group, who owns a 51percent stake in the JV.
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	BMM Group is one of the leading companies in Laos, conducting various businesses, such as dutyfree retail and realestate development,</div>
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	Phisith, 44, is a wellknown and successful Laotian retail businessman, and is also an exec

Joint venture to build duty-free complex in Laos

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Joint venture to build duty-free complex in Laos

In anticipation of the Asean Economic Community (AEC), Sayam International Co of Thailand and a Laotian businessman yesterday announced a joint venture to develop a dutyfree complex near the Laotian-Thai border at the cost of Bt3.5 billion.

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