Lao President Choummaly Sayasone says that Saysettha Development Zone would become a model for cooperation between China and Laos.
Choummaly inspected Saysettha Development Zone in the capital Vientiane on Thursday.
The zone is a state-level cooperative project developed by China’s Yunnan Construction Engineering Group Co. and the government of Vientiane.
Choummaly says he sincerely believes that the project would rapidly become a new demonstration zone for Sino-Lao cooperation.
He says it would also contribute to the long-term friendly cooperation between the two countries.
As the only state-level overseas economic trade and cooperation zone in Laos, the Saysettha Development Zone is hailed as an example of successful implementation of China’s Belt and Road initiative.
Choummaly also pointed out China has become the top country of investment in Laos and has made important contributions to the economic and social development of the country.