New Lao - Viet Border Crossing

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    2008-0118 - Nhan Dan - Vietnam-Laos international border gate inaugurated ... ietlao.htm

    Last updated: 22:18 - January 18, 2008
    Vietnam-Laos international border gate inaugurated

    The authorities of the Central Highlands province of Kon Tum and Laosโ€™ Attopeu
    province on January 18 held a ceremony to open the Bo Y-Phu Cua International
    Border Gate in order to facilitate trading activities between the two countries.

    Vietnamese Deputy Foreign Minister Dao Viet Trung and his Lao counterpart,
    Phongsavat Boupha, who is also Head of the Laos Border Committee, were present
    at the event.

    Being aware of its important position in socio-economics, culture, security and
    defence, the governments of Vietnam and Laos agreed to upgrade the Bo Y-Phu Cua
    into an international border gate.

    The Bo Y International Border Gate Economic Zone has to date attracted 34
    projects with a total registered investment capital of over VND 19 trillion
    (over US $1.2 billion). Of which, 11 projects have been zoned off land and four
    others, capitalised at nearly VND 422 billion (US $26 million), received
    investment licences.

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