A tourism mega project has been announced for rural Phonhong district (ເມືອງໂພນໂຮງ), 62 kilometers (ຫຼັກ62) north of Laos' capital Vientiane, in the south of Phonhong Railway station of Laos-China-Railway and in Vientiane Province. Lao newspapers report:
The government of Laos allows Eastern Pearl Consulting Company (ບໍລິສັດ ທີ່ປຶກສາໄຂ່ມຸກຕາເວັນອອກ) to use 500 hectares of state land for the development of a tourist hub by investment of 700 Million US-Dollars. The land is managed by the Ministry of Public Security. The signing ceremony took place on September 5 at the Office of the Investment Promotion and Management Committee. On behalf of the government, the agreement was signed by Mr. Bounthon Douangsavanh (ບຸນເຖິງ ດວງສະຫວັນ), Deputy Minister and Deputy Chairman of the Committee, on behalf of the Company by President Jeong Taejin (ຈອງ ແທຈິນ). Akso present were Mr. Lt. Gen. Kongthong Phongvichit, Deputy Minister of Public Security, Ms. Livong Laoly, Deputy Minister of Public Security and Mr. Kim Wonpyo (ຄິມ ວອນພຽວ), Senior President of Eastern Pearl Consulting Company. Mrs Lathdavan Phoonsavat (ລັດດາວອນ ພູນສະຫວັດ), Deputy Director of Eastern Pearl Consulting Company said, that this is a South Korean investment company, with its office located in Ban Sisavat, Chanthabouly District, Vientiane capital. No specific informations were given about how the company plans to attract the 700 Million US-Dollars for the investment.
Rural Laos in Phonhong district
Lathdavan Phoonsavat said the goal of the project is to create a modern, environmentally friendly, comprehensive tourist destination with full facilities and preserving Lao traditions. The project site will include a golf course, leisure facilities (water park, lawn, walkways), accommodation (hotels, restaurants, convenience stores), solar power plants (solar panel areas, energy storage stations), dairy farms (dairy houses, lawns, lawns), forest restoration and nature conservation areas (tree planting areas, aquatic and wildlife conservation areas), roads, canals, gardens, parking lots, septic tanks and waste disposal sites.
Three villages in Phonhong district are affected by this project: Phonsomboun Village (ເຂດບ້ານໂພນສົມບູນ), Houay Thon Village (ບ້ານຫ້ວຍທົນ) and Phon Ngeun Village (ບ້ານໂພນເງິນ). At the ceremony no information was given, what will happen to these villages.
According to the speakers of the company construction will be divided into two phases, with the first phase taking place from 2025-2035 and the second phase from 2036-2045. The first phase will focus on building infrastructure and facilities that can generate income quickly, such as a sports field, hotels and restaurants, recreation and tourism areas.
In the second phase the expansion of public utilities, additional tourist areas and other facilities will continue to become a comprehensive tourism and leisure destination, the company says.
Project plan as presented
The company says it has a specific market plan to focus on Korean customers, especially tourists and sports enthusiasts, taking advantage of the strong sports and fitness popularity among Koreans. Korea is the fourth largest source of foreign tourists coming to Laos.
Phonhong is connected with Vientiane and China by the China-Laos-Railway and the first section of the new Lao-China Expressway opened in 2020 between Vientiane and Vang Vieng.
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