Lao-Chinese joint venture to boost agricultural industry

VIENTIANE (Vientiane Times/ANN) – The State Enterprise for Agricultural Service (SAS) of Laos has inked an agreement with China’s Guangzhou Zhongheyuan Agriculture Development Co., Ltd. (GZAD) and UAB Global Ltd (UAB) of Hong Kong for cooperation in investments in the agricultural industry and market development.

The agreement on establishing the joint venture CSU Agricultural Innovation Co., Ltd. (CSU) was signed in Vientiane last week by the Managing Director of SAS, Mr Viengthong Phommahaxay, GZAD’s Managing Director Mr Zhong Ming, and UAB Chairman and CEO Ms Wu Hui Tzu.

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http://annx.asianews.network/content/lao-chinese-joint-venture-boost-agricultural-industry-103707