Laos to Build US$2bn Wind Power Project for Domestic Supply & Export

The Laos Government and relevant energy companies plan to spend over US$2 billion to establish a wind power project in Sepon district of Savannakhet province for domestic supply and exporting to Vietnam.

The Laos government and two private firms—Savan Vayu Renewable Company and LTM Lao Company —have recently signed an MoU to examine the possibility of wind power projects in the region, reported Vietnam Plus.

With the estimated construction cost of US$2.15 billion, the wind power factory will have a capacity of 1,200 megawatts upon its completion by the end of 2025.

The signing of the MoU is part of a cooperation plan with Vietnam in the energy sector which was put into place in 2016.

- Video Advertisement -

Related Post

Chinese Company Plans to Open Garment Factories in Cambodia’s Special Economic Zones

In a significant move for Cambodia’s garment industry, Chinese company Nanchang Shunmin has announced its intention to establish garment factories in three special economic zones across the country. The announcement came during a recent meeting between Mr. Kong Puthera, Cambodia’s Trade Attaché in Beijing, and representatives from Nanchang Shunmin, as they discussed potential investment and […]

Cambodia Set to Invest Nearly USD1 Billion in Sihanoukville’s Development as a Regional Logistics Hub

In a significant step towards enhancing its economic infrastructure, the Cambodian government has unveiled plans to invest nearly $1 billion in the development of Sihanoukville into a major regional logistics hub by 2029. This ambitious investment will unfold in three key phases. The first phase, focusing on the expansion of Sihanoukville Port, is already underway, […]

China Considering Open Agro-Industrial Zone in Cambodia for Raw Materials Production

In a significant development for Cambodia’s industrial landscape, the Ministry of Foreign Affairs of Jiangsu Province, People’s Republic of China, has expressed its willingness to explore the establishment of an agro-industrial zone aimed at producing raw materials. This initiative comes at the request of Cambodian officials to facilitate the production of semi-finished products for both […]

Cambodia Welcomes 12 New Investment Projects, Boosting Economy and Job Creation

In an exciting development for Cambodia’s economy, the Council for the Development of Cambodia has approved 12 new investment projects along with an additional production initiative, totalling an impressive capital investment of over USD 104 million. This landmark meeting took place on March 25, 2025, under the leadership of His Excellency Chea Vuthy, Secretary-General of […]

Panasonic Plans New Factory in Cambodia Amidst Strong Regional Presence

In a significant move, Panasonic Cambodia has announced its intention to establish a manufacturing facility in Cambodia, as part of its ongoing expansion in Southeast Asia. Currently, the renowned Japanese electronics manufacturer operates 19 factories across Thailand and Vietnam, with 15 located in Thailand and 4 in Vietnam. This announcement was made during a productive […]

Prime Minister Hun Manet Advocates for Preservation of Ecotourism Areas

In a fervent address at the opening ceremony of the 9th River Festival, Cambodian Prime Minister Hun Sen emphasized the importance of protecting the nation’s ecotourism areas from high-rise developments and intrusive residential projects. The Prime Minister urged local authorities to meticulously scrutinize any proposed developments from the private sector that could compromise the integrity […]