Laos govt join hands with Malaysian company to build telecom tower company


VIENTIANE, Oct 9 (Loatian Times): The Lao Ministry of Finance (MoF) has signed a shareholder agreement with the engineering services firm from Malaysia to set up a company to build telecommunications towers across Laos.

According to the agreement, a joint venture company under the name OCK Laos TowerCo Ltd. will be set up by OCK Group and they will hold a majority stake of 70% and the MoF will be in control of the remaining 30%.

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Laos , Malaysian Group , Telecoms Tower

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