www.lao-vita.com © Nam Wei Development Co., Ltd
On the 30th October 2009, the Ministry of Planning and Investment of the central government of Laos officially ratified the establishment of the free-trade industrial economic zone VITA PARK.
There were 53 companies invested in the park up till now, which 15 companies among them have completed their plant facilities and started operation. It’s estimated that another 30 companies will be functioned in the park by year 2018. There is a contract between us with the government on the provision of 500 hectares of land area for future expansion.
Vita Park grand opening was held on 14th August 2014 by Ministry of Economic and other minister as well.
The park is a joint partnership venture between the Laotian Government, holding 30% ownership, and Nam Wei Development Co., Ltd., holding 70% ownership. Phase I of the park project covers an area of 110 hectares of park area; in the future, expansion projects shall see to the development of another 500 hectares of park land.
Signing ceremony between The Ministry of Industry and Commerce and Nam Wei Development Co Ltd.
Picture taken together with Vita Park’s Shareholder, Minister of Industry & Commerce, and ex-Prime Minister of Laos