China CAMC Engineering Obtains Land Right In Laos - ResearchInChina

Date:2011-08-05xieshasha  Text Size:

August 4 -- China CAMC Engineering’s (002051) subsidiary CAMC Investment (Laos) won a 50-year land use contract along a river in Vientiane province, Laos, reports 163.com, citing a company filing. However, source did not detail what the state-owned enterprise, which has completed dozens of turnkey engineering projects across Southeast Asia, will develop on the 175,800-square meter tract.

Separately, China CAMC Engineering signed a contract with the municipal government of Vientiane, Laos’ capital and largest city, to develop 425,800-square meters of downstream area along the same river.


 

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