ID :
61037
Mon, 05/18/2009 - 09:10
Auther :

Lao-Viet Bank loans millions US dollar for building new hotel

(KPL) Lao-Viet Bank loaned US$ 4.7 million to Viet-Lao Power Building Company for the construction of a new hotel in Vientiane.
The agreement was signed here on Thursday by General Director of Lao-Viet Bank, Mr. Nguyen Van Hien and General Director of Viet-Lao Power Building Ltd Mr. Nguyen
Cuoug.
A new hotel and rental office project is built on 6,800 m2 at Hudsady Nuea village, Chanthaboury district, Vientiane.
The construction of new hotel and rental office project started mid-2008, which was a total investment of US$ 6.84 million.
This hotel has six storeys with 25-m high, which was invested by Viet-Lao Power Building Company.
In addition, the project will provide jobs to local people and contribute to Socio-economic development in Laos.

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