(KPL) Laos and Vietnam will cooperate in developing the Nam Leng hydropower project in Laos' northern province of Phongsaly.
A memorandum of understanding (MoU) on
the study and development of the project in an 18-month period was
signed between the two sides in Vientiane on Jan. 10.
Speaking at the signing ceremony, a
representative of Vietnam's VC Invest Company, which joins the
implementation of the project, said this is a good chance for Vietnamese
businesses to expand their investment activities in Laos , contributing
to the country's energy development.
He affirmed that the company will try
its best to ensure the progress of the project, helping foster the
special friendship and comprehensive cooperation between Vietnam and
Laos.
From: http://kpl.net.la/english/news/newsrecord/2012/January/12.1.2012/edn8.htm
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