Southeast Asia
Eight million US dollars! Winning the bid for a warehouse project in Laos
Seetao 2025-03-17 10:05
  • The Jinsui Overseas Warehouse in Laos was jointly constructed by Yueyang Guansheng Company and Meilan Group
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On March 11th, the Jinsui Overseas Warehouse in Laos, jointly constructed by Yueyang Guansheng Company and Meilan Group, was officially opened in Luang Namtha Province, Laos! Wanxavath Siphandone, Governor of Luang Namtha Province in Laos, representatives of Meilan Group, the person in charge of Guansheng Company, and representatives of enterprises from both China and Laos attended the opening ceremony.

The Jinsui Overseas Warehouse in Laos is located in Nanle Village, Nongtalay District, Luang Namtha Province, Laos, in a modern industrial base that integrates rubber warehousing, logistics transfer, and trade services. The total area of the project is 58,400 square meters, with a total investment of 8 million US dollars. The annual storage and turnover of rubber products can reach 100,000 tons, and it can serve more than a hundred cross-border supply chain enterprises from China, Laos, and Thailand. It will help Luang Namtha Province become a regional rubber distribution center.

In his speech, Wanxavath Siphandone said that in recent years, driven by the Belt and Road Initiative, the cooperation between China and Laos has been continuously deepened, and economic and trade exchanges have become increasingly close. Chinese enterprises investing and building factories in Laos not only bring advanced technologies and management experiences to Laos but also inject new vitality into Laos' economic development.

The person in charge of Guansheng Company introduced that the official operation of this overseas warehouse is a new achievement of continuous Sino-Laotian cooperation under the deep integration with Laos' strategy of transforming from a landlocked country to a land-linked country. It is also a practical action of Guansheng Company's development concept of "integration of production, industry, and trade" and the development model of "going global together". Guansheng Company will continue to ride the wave of the Belt and Road Initiative, accelerate the construction of projects such as the natural rubber processing factory in Cambodia, seek cooperation with ASEAN countries in more fields, and strive to create an integrated pattern of production and trade featuring "overseas primary processing + overseas warehouse + domestic fine processing + global trade" to achieve mutual benefit and win-win results.  (This article is from the official website of Seetao.com, www.seetao.com. No reprinting is allowed without permission. Otherwise, legal liability will be pursued. If reprinting, please indicate Seetao.com + the original text link.) Editor of the Strategic Column of Seetao.com / Yin Shiqian

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