ground for the construction of a commercial centre in Vientiane on
October 12 in the presence of Lao Permanent Deputy Prime Minister
Somsavad Lengsavad.
The That Luong complex has been
designed with a seven-storey and two-basement shopping centre, a
six-storey and two-basement block of buildings reserved for offices and
apartments for rent, and tree and entertainment parks.
The 58.68 million USD project is scheduled to be completed in December, 2012.
Vientiane Mayor Sombath Yialiheu said at the ground-breaking ceremony
that the project has helped boost relations between Laos and Vietnam.
Vietnamese Ambassador Ta Minh Chau emphasised that the project has
illustrated Vietnamese enterprises’ increasing interest in investment in
Laos and economic relations between the two countries have been faring
well.
The Bank for Investment and Development of
Vietnam (BIDV) representative took this opportunity to present Vientiane
with a check for 100,000 USD to help celebrate its 450 th founding
anniversary./.
