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VIENTIANE, March 16 (Vientiane Times/ANN): The Four Thousand Islands New Area in Champasak province is one of the biggest foreign investment projects in Laos and aims to create a green and modern town that is environmentally friendly.
The developer (Sithandone Joint Development Co., Ltd. “STD”) intends to build a town that includes resorts and leisure facilities and will attract people from all over the world.
The development will include an Asian Trade Exhibition and Convention Centre and an agriculture research centre, as well as processing plants, other buildings, and tourism-related services.
The STD plans to invest over US$9 billion, aiming to attract 2.3 million visitors per year by 2030 and 15 million visitors per year by 2050.