Laos, Malaysia explore investment
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Young entrepreneurs from Laos and Malaysia met in Vientiane to explore trade cooperation and investment opportunities in Laos.
Nearly 50 young entrepreneurs from the Young Entrepreneurs Association of Laos and the Entrepreneurs’ Organisation of Malaysia discussed the “Investment Opportunity in Laos” project.
The Malaysian businesses represented included the automotive industry, construction, electrical appliances, mining, property, banking, food and grocery.
The meeting was chaired by Valy Vetsaphong, president of the Young Entrepreneurs Association of Laos, with opening remarks delivered by Deputy Minister of Industry and Commerce Khemmani Pholsena, and Malaysian Ambassador to Laos Than Tai Hing.
Khemmani briefed participants on economic growth and business opportunities in Laos.
The government is creating linkages in the country to the region through the east-west and northern economic corridors.
“It will advance land transportation within Asean, especially the inland countries, and facilitate access to people and commodities in Asean and its partner countries,” she said.
