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New Breakthrough Made by Yunnan Enterprises to the Third Industry in Laos

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  Encouraged by the "going out" policy, Yunnan Zhijian Investment Co., Ltd. invested and constructed "Laos Sanjiang International Trade City" which covers an area of 150,000 square meters in 2006. The total investment is 18 million U.S. dollars, and the lease is 50 years. Up to now, there are more than 500 clients in this trade city. They do businesses of different categories and they have full range of Chinese goods. In addition to large department stores, it also formed wholesale markets of clothing, commodities, hardware machinery, furniture and products of telecommunication.All of these wholesale markets are in good operation and their business have expanded to Thailand,Vietnam, Cambodia and other Southeast Asian countries. The completion of this trade city provided a large-scale platform for the sustainable development in the trade between Yunnan province and Laos. It is also a new breakthrough for Yunnan enterprises' investment into the third industry in Laos. In May 2010, the company completed investment approval procedures. And it will begin the second phase of construction before the end of 2010.
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