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LAOS
Investment
June 20, 2007

Thai company to invest US$48 million in Savannakhet
Thai Airways-affiliated Ground Service Company has signed an agreement with the Lao government under which the company will invest US$48 million in central Laos.

Accordingly, the company will build infrastructure for a trade and service centre on a 270-ha area in Savannakhet Special Economic Zone.

The centre will include three five-star hotels, a bank, a trade centre and several service buildings. Constructions is scheduled to be completed in three 3 years. The company also planned to invest in building an international airport in Savannakhet province. KPL

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