Laos sources more investment to boost agricultural exports

Laos is keen to boost agricultural exports through the railway. - Lao Economic Daily

VIENTIANE (Vientiane Times/Asia News Network): The government has pledged to secure more investment from China in the agriculture and forestry sector, using the potential offered by the Laos-China Railway to boost exports.

Last year, more than 300 Chinese companies expressed interest in investing in the agriculture and forestry sector of Laos, with the investments expected to touch US$1 billion due to the export potential provided by the railway, the Minister of Agriculture and Forestry, Dr Phet Phomphiphak, said.