Hoang Anh Gia Lai opens sugar refinery in Laos

Tuesday, 2013-02-26 17:45:00
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Vietnamese Deputy PM Nguyen Xuan Phuc and Lao President Choummaly Sayasone attended the opening ceremony of the sugar re
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Nhan Dan Online – Vietnam’s Hoang Anh Gia Lai Group (HAGL) has placed in operation a sugar refinery in the Lao province of Attapeu after 14 months of construction.

The refinery is designed to produce 7,000 tonnes of sugar per day and is located on a 12,000-hectare sugarcane plantation.

The complex, built at a cost of US$87.8 million, also includes a 30-megawatt thermal power station and an Ethanol factory with an annual capacity of 30,000 tonnes.

Earlier, HAGL placed in operation a US$11-million rubber factory with an annual capacity of 25,000 tonnes and started work on a monument dedicated to Lao King Xaysettha.

Since 1997, HAGL has been a major investor in Laos’ Attapeu province on a wide range of projects.

In 2013, the group plans to invest over US$1 billion in Laos to increase the rubber growing area from 22,000 hectares to 40,000 hectares, construct eight hydropower plants, operate two iron and copper mines and construct two airports.

HAGL’s investment has not only transformed the cityscape of Attapeu but also significantly improved the lives of local residents and contributed to strengthening the traditional friendship between Vietnam and Laos.