An inaugurating ceremony of a paper and pulp production factory was held in Huaphanh province in Laos on December 24 with the participation of representatives from the provincial authorities and the Vietnamese embassy in Laos.
The US$2 million mill, the first of its kind in Laos, has an annual capacity of 36,000 tonnes of pulp. It is expected to generate jobs for 300 Lao and 60 Vietnamese labourers and pay around US$2 million tax each year to the province.
This is the second project funded by Bac Ninh-based Long Van private company, after a joint venture to process agro-forestry products for export in Lao province of Sam Nua in December 2000.
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