Vietnamese company expands rubber plantations in Laos

The Laos Government has allowed the Quang Tri Rubber Company of Vietnam to expand its rubber plantations and build another latex factory in the southern Lao province of Salavan.

The new decision will help bring the total area of rubber plantations in the province to nearly 10,000 hectares. Once the project is implemented, it will generate around 2,000 jobs for the locality.

The Quang Tri Rubber Company of Vietnam has been investing in Laos since 2009 and planted more than 4,000 hectares of rubber so far. – VOV

Posted by VBN on Dec 24 2011. Filed under Rubber & Plastic. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry