Laos

Chinese property developer increases its presence in Laos

2013 is forecast to be a positive year for the economy in Laos Today reports that a property developer based in Shaghai, China has recently initiated the construction of a US$1.6 billion project in Vientiane, the capital city of Laos. This move gives a considerable boost to Chinese presence in the Laos economy. Last December, the Lao government achieved an agreement with Shaghai’s Wanfeng Group, a major developer of Chinese shopping malls, to develop 365 hectares around That Luang Lake in Vientiane. The project will comprise a commercial, residential and tourist complex. According to the Xinhua news agency and Wanfeng’s website, construction of this project began at the beginning of this week

Published

8 years ago

December 27, 2012

Daniel Lorenzzo

2013 is forecast to be a positive year for the economy in Laos Today reports that a property developer based in Shanghai, China has recently initiated the construction of a US$1.6 billion project in Vientiane, the capital city of Laos. This move gives a considerable boost to Chinese presence in the Laos economy.

Last December, the Lao government achieved an agreement with Shanghai Wanfeng Group, a major developer of Chinese shopping malls, to develop 365 hectares around That Luang Lake in Vientiane.

Wanfeng Group

The project will comprise a commercial, residential and tourist complex. According to the Xinhua news agency and Wanfeng’s website, construction of this project began at the beginning of this week

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Thailand Property – China increases its presence in Laos

Laos

China’s debt-trap diplomacy: Laos’ credit rating downgraded to CCC

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Published

3 months ago

November 2, 2020

Boris Sullivan

On 23 September, the Fitch Ratings agency downgraded Laos’ credit rating to CCC — the second downgrade in 2020, having dropped to B- in May.

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Cambodia

CLMV’s economic growth crashes to two-decade low due to COVID-19

The COVID-19 crisis has caused the rate of economic growth in the CLMV bloc to be at its lowest in two decades, the CLMV economies could grow at 3.4 percent this year

Published

8 months ago

May 25, 2020

Bui Dung

The COVID-19 pandemic is having a negative impact on CLMV economies through their dependency on foreign-sourced revenue from tourism and exports says KResearchCenter.

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China

Can the China–Laos railway keep on track?

In the long run, the line through Laos will have to connect with the Nong Khai–Bangkok line in Thailand to make economic sense. But this could prove a challenge.