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Foreign Investments in Laos

4579 Views 6 Replies 3 Participants Last post by  Wisarut
Siam Cement to build factory in Laos

http://laosinvestmentreview.com/2014/05/01/siam-cement-to-build-factory-in-laos/

Siam Cement Group (SCG) plans to invest 10 billion baht (US$309 million) in the construction of its first cement factory in Laos, the Thai conglomerate announced yesterday.

The plant, to be built in Khammouane province, will have an annual production capacity of 1.8 million tons of cement and serve markets in the Greater Mekong Subregion. Operations are expected to begin in 2017.

“Demand for building materials in the region has continued to grow, especially in Laos, Cambodia and Myanmar,” said SCG president and chief executive Kan Trakulhoon. “This cement plant will mainly serve demand in Laos and the Northeastern region of Thailand.”

The company estimates the size of the Lao cement market to be 2.8 million tons in 2014, with expected growth of 5 to 10 percent over the next ten years. Revenue from sales in ASEAN markets outside Thailand accounted for 9 per cent of SCG’s first quarter total sales revenue.
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Purchase coverage has become designed which has a look at to ask in addition to inspire home-based in addition to overseas investment decision within Lao PDR. In 2009, legal issues with investment decision marketing and advertising ended up being designed having main focus on permitting home-based in addition to overseas investors to conveniently.
Thai investors in Laos are asking for fellow Thai investors to invest more in Laos - by depositing more Thai money in Laos as 35 commercial banks in Laos have the total assets of just 200 billion Baht - not even match with GSB which has a trillion Baht deposits.

Lao government trying to lull more deposits in Lao Kip with annual interests of 10% (definitely for 60 month Fixed term deposits) while deposits in Thai Baht has the annual interests of 7% (definitely for 60 month Fixed term deposits), and deposits in US Dollars has the annual interests of 5 % (definitely for 60 month Fixed term deposits) while there is little loan ... for the Automobile, 80-90% still pay in cash. Investment on consumer products such as Wutthisak cosmetic, Mitrphol Sugar, Beauty Buffet franchise, also help ... while Vietnamese markets is very hard to deal with.
http://www.bangkokbiznews.com/home/...02081/ลาว-โอกาสที่ธุรกิจไทยไม่ควรมองข้าม.html
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Investment in Laos by Tananuwat family of Chiang Mai - started with Khong View restaurant along Mekhong in 2009 after the first plan to create Hip hotel along Mekhong has been rejected by Lao government and then View Mall (Community Mall of Viengchan capital) on 11 rai of land along Highway 13 (South) between ASEAN convention center and Lao National University - connected with 450 year Boulevard and First Friendship Bridge to be opened early 2015 with a parking lot of 300 cars and 250 motorcycles - to serve 6000 customers a day and 30,000 households within 5 km radius - this View Mall is on 35 year leasing term with Lao government with investment of 300 Million Baht - modeled from Meechoke mall in Chiang Mai done by Tananuwat family ... 60% of usable space have been leased 80% of products sold in this community mall come Thailand ...

the investment rule for View group is "Fair Clear Care Share"
http://www.prachachat.net/news_detail.php?newsid=1410424532
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Lao government asking for more Thai investors and Thai investment at Golden Triangle Special Economic Zone including rice mills to mill Lao rice for export along with tourist business in Kings Romans of Laos Asian & Tourism Development Zone with the Joint venture with Ngiw Kham Group
http://www.prachachat.net/news_detail.php?newsid=1411034928

Thai Big banks are ready for AEC investment -
Bangkok Bank - More full Branch in Yangon, Phnom Penh and Pak Xe
SCB focus on JV on Vina Siam Bank
K-Bank still negotiate with National Bank of Cambodia to set up the branch and to help SMEs in Cambodia - via Canadia Bank PLC.
For Bank of Ayutthaya, focus will be the service through alliance like Vietin Bank or through Ayutthaya Leasing in Laos - - also consider new branches in Pak Xe and Savannakhet
http://www.thanonline.com/index.php...d=260138:2015-01-02-05-47-12&catid=101:2009-0
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Siam Cement to build factory in Laos

http://laosinvestmentreview.com/2014/05/01/siam-cement-to-build-factory-in-laos/

Siam Cement Group (SCG) plans to invest 10 billion baht (US$309 million) in the construction of its first cement factory in Laos, the Thai conglomerate announced yesterday.

The plant, to be built in Khammouane province, will have an annual production capacity of 1.8 million tons of cement and serve markets in the Greater Mekong Subregion. Operations are expected to begin in 2017.

“Demand for building materials in the region has continued to grow, especially in Laos, Cambodia and Myanmar,” said SCG president and chief executive Kan Trakulhoon. “This cement plant will mainly serve demand in Laos and the Northeastern region of Thailand.”

The company estimates the size of the Lao cement market to be 2.8 million tons in 2014, with expected growth of 5 to 10 percent over the next ten years. Revenue from sales in ASEAN markets outside Thailand accounted for 9 per cent of SCG’s first quarter total sales revenue.

Starting the construction for the first Siam Cement factory on 200 Hectare of land in Laos
http://www.vientianemai.net/new/khao/13790.html
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