Speaking at inauguration ceremony, Le Hong Anh, Politburo member of the Communist Party of Vietnam Central Committee, praised this joint venture between Vietnam’s Hong Quang Work Construction & Real Estate Investment Company and the Vientiane Trade Ltd Compaby as a practical contribution to mark the 50th anniversary of diplomatic ties and the 35th anniversary of the signing the Friendship and Co-operation Treaty.
He urged the company’s managers and workers to achieve and maintain a high level of productivity and efficiency.
For his part, Lao Deputy Prime Minister Somsavat Lengsavad said the two countries will engage in other joint projects in spirit of traditional ties of friendship, close solidarity and comprehensive cooperation.
The Sakai Mining project, with an initial capitalisation of more than US$30 million, is expected to produce 250 tonnes of minerals per day.
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