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SCP invited to attend signing ceremony of the Memorandum of Understanding for Laos Bolovens Highland Economic Zone and Strategic Cooperation Agreement

SCP Consultants Pte Ltd was invited by Guangcai International Investment and Tourism Co., Ltd. to attend signing ceremony of the Memorandum of Understanding for Laos Bolovens Economic Zone on 23rd January 2018 at Don Chan Palace Hotel in Vientiane. Design Director Mr. Ji Bing attended on behalf of SCP. Bolovens Economic Zone is an important driver for implementation of China-Laos Economic Corridor Strategy established by Chinese President Xi Jinping during his visit to Laos from 13th-14th November 2017, it is also of great significance to promoting China-Laos Green Economy Cooperation and Development on “Belt and Road” Initiative.

 


The ceremony was attended by Former Laos Prime Minister, Current Head of Laos National Economic Research Institute Mr. Bouasone Bouphavanh, Deputy Head, Chairman of the Board of Directors of Guangcai International Investment and Tourism Co., Ltd. Mr. Ren Jie, Vice Chairman of the Board of Directors Mr. An Kang, 47 Laos government officials, and 12 local officials from Champasak Paksong, etc.


The Memorandum of Understanding covers the comprehensive development of Champasak Paksong region, including: 1. International Airport, 2. Agricultural Demonstration Base for green, pollution-free agricultural products and processing, 3. Smart City and Tourism Development. On the same evening, SCP's representative Mr. Ji Bing signed Strategic Cooperation Agreement with Guangcai Group. In the future, SCP will bring its advantages in conceptual planning, detailed planning, cultural and tourism program design, as well as the Singapore and Suzhou Industrial Park success experiences to Bolaven Plateau. Representatives from 20 local and international enterprises (institutions) such as Soochow University in Laos, Huawei Technologies Co., Ltd., also signed Strategic Cooperation Agreement with Guangcai Group respectively.



Guangcai Group has reached a development agreement of Bolovens Economic Zone with the Laos Government on 5th January 2018. The new zone is located in Paksong District of Bolaven Plateau in southern Laos. It is 900-1700m above sea level, with a very cool climate, beneficial to develop agriculture, farming, animal husbandry, aquaculture, cultural tourism and so on. The goal of Boloven Economic Zone is to establish a green and sustainable development zone in year 2030, with a target population of 1 million. The total scale of development is estimated to be 1,000 square kilometres. At present, both parties have setup up development command in Paksong and have started preliminary preparations for 10 square kilometres start-up zone. Guangcai Group will introduce the distinctive development model of characteristic town to the zone, in creation of a comprehensive modern city of tourism, finance, and agriculture development of strategic importance to southern Laos economic.


During a visit to Guangcai Group in Ventiane by SCP's Consulting Director Professor Zhao Dasheng and Planning Manager Mr. Jiang Shunjie on 9th January 2018, Vice Chairman of the Board of Directors of Guangcai Mr. An Kang expressed the future of Bolovens New City will not only be the second municipality other than Vientiane in Laos, It is a milestone in China-Laos win-win cooperation, the beginning of new China-Laos cooperation model, an important node along the China-Laos Economic Corridor. SCP will draw it advantages in cross-border cooperation zones planning and experiences in Singapore and Suzhou Industrial Park development, contribute actively in the planning of Bolaven Plateau region, help in accelerating the cooperation and development, and cosolidate friendship between China and Laos last forever.


Professor Zhao Dasheng presenting “Prosperous Suzhou” Painting to Vice Chairman of the Board of Directors of Guangcai Mr. An Kang


           Bolaven Plateau Development Project Office in Paksong                                 Bolaven Plateau Waterfalls

 

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