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Laos Modern Agriculture Industrial Park Project is a joint venture of Xuanye (Laos) Co., Ltd. and AVIC International Beijing Company Limited and jointly constructed with Laos Ministry of Agriculture and Forestry. It is a modern agriculture industrial park which integrates breeding, processing, warehousing, logistics, trade exhibition, scientific research and training of agricultural products. It is a key construction project of China-Laos Railway, signed under the witness of China’s General Secretary Xi Jinping and Laos General Secretary of Laos Bounnhang during Xi’s visit to Laos in November 2017.
With the total of USD 260 million investment, the project planned a total land area of 50 hectares and the total construction area of 280,000 square meters. The construction lasts for 3 years, started from the second half of 2020 and completed in 2022, which will perfectly correspond to the opening of China-Laos railway and then build a community with a shared future between China and Laos. The completion of the project will speed up the economic development of Laos, promote the transformation of traditional agriculture to modern agriculture, establish a central grain reserve for Laos, and build a service platform for the whole agricultural industry chain of Laos. It will also meet China's import demand for organic ecological agricultural products, become an important supply base of China for high-quality products, attract Chinese enterprises to invest and develop in Laos, and promote the development of economic and trade development between China and Laos, so as to achieve mutual benefit and win-win results in agricultural cooperation between the two countries.