Vietnam39s extensive participation in the CLV Development Triangle

Vietnam's extensive participation in the CLV Development Triangle

So far, Vietnam is developing 65 projects in Lao cities with a capital of more than two billion dollars and another 45 in Cambodia with a disbursement of almost 1.7 billion greenbacks, it was revealed at the meeting held in Attapeu province, about 830 kilometers from removed here.

The programs mainly cover the arboriculture, industrial, construction, mining and hydropower sectors and many of them have already come into force.

On the other hand, the development triangle area in Vietnam attracted 521 foreign direct investment projects from 30 countries and territories, including two with Cambodian financing, whose registered capital exceeds six billion dollars.

Established in 1999, the CLV development triangle includes 13 Vietnamese provinces: Kon Tum, Gia Lai, Dak Lak, Dak Nong and Binh Phuoc, four from Laos: Sekong, Attapeu, Salavan and Champasak and the same number from Cambodia: Stung Treng, Rattanakiri, Mondul Kiri and democracy.

Until March 1, southern Lao Attapeu Province will host the 13th meeting of the CLV Development Triangle Joint Coordination Committee, which will review the joint statements adopted in the previous two meetings.

In addition, the implementation of the master plan for socio-economic development until 2020 will be assessed and action plans for economic relations and tourism development as well as directions of cooperation to promote and attract more trade, investment and tourists will be discussed.

The Tripartite Ministerial Meeting currently taking place in Attapeu will also host the Thirteenth Trade, Investment and Tourism Promotion Forum and the Ninth Youth Forum.