• 2026.06.28 (Sun)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Industry

Oudomxay Province Grants Private Company Bamboo Concession Rights

Graciela Maria Reporter / Updated : 2024-12-25 18:53:33
  • -
  • +
  • Print

Oudomxay, Laos - On December 20th, Oudomxay Province signed a concession agreement with Ammata Lao Lanexang Co., Ltd., a private company, granting them the right to utilize 697 hectares of land for bamboo-related projects.

The agreement outlines two key operational areas for the company:

Natural Bamboo Cutting: The company is authorized to harvest bamboo on 150 hectares of government-owned land.
Community-Based Bamboo Farming: The company will support local residents across seven districts (Xay, La, Namor, Nga, Beng, Houn, and Pak Beng) by encouraging bamboo cultivation, harvesting, and sales. The company is also obligated to establish a workshop for processing bamboo into daily-use products.
Sustainable Practices:

Ammata Lao Lanexang is restricted to operating within designated production forest zones and must adhere to strict guidelines. An annual harvesting plan, based on thorough surveys, must be submitted to the Provincial Department of Agriculture and Forestry and subsequently approved by the Ministry of Agriculture and Forestry.

Economic and Social Benefits:

This agreement aims to foster sustainable investment in the bamboo sector, empower local communities through bamboo cultivation and trade, and establish value-added industries. The processed bamboo products, including paper, charcoal, baskets, souvenirs, and utensils, are expected to generate economic benefits for both the local community and the company while promoting sustainable growth in Oudomxay Province.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #koyongchul
  • #cherrylee
  • #seoulkorea
  • #periodicoeconomico
  • #글로벌이코노믹타임즈
  • #GET
  • #GETtv
  • #liderdel
Graciela Maria Reporter
Graciela Maria Reporter

Popular articles

  • Murata Unveils Next-Gen Resin Electrode MLCC for Automotive Applications

  • Weight-Loss Drugs Like Wegovy Show Promise in Treating Male Infertility

  • AI Laptops to Cross 50% Market Share Next Year as PC Giants Launch Full-Scale Offensive

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065606765146205 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • South Korea Struggles to 3rd Place in World Cup Group Stage; Commentator Park Moon-sung Blasts Manager Hong Myung-bo’s Lack of Tactics
  • BYD Unveils First Plug-in Hybrid ‘Sealion 6’ in Korea, Targeting Eco-Friendly Market at 37.5 Million Won 
  • Kia’s Strategic Pivot: Accelerating Electrification Through SDV, PBV, and EREV Innovation
  • Devastating Twin Earthquakes Strike Venezuela: Death Toll Rises Amid Humanitarian Crisis
  • Hyundai Motor Prioritizes "Customer Experience" Over Pricing: Aiming for Lifelong Loyalty with the New Avante
  • South Korea's Path to Round of 32 Grows Perilous Following Australia-Paraguay Draw

Most Viewed

1
Asking about the Future of ‘Hangeul City Ulsan’… Special Lecture by Novelist Kim Jin-myung to be Held
2
Embassy of Pakistan in Seoul Hosts Commemorative Event for the 150th Birth Anniversary of Muhammad Ali Jinnah
3
KOSPI Hits Historic 9,300 Milestone as Market Cap Surpasses 8,000 Trillion Won
4
Kim Yoon-ji Appointed as New President of KOCCA: “Leading the Global Expansion of K-Culture”
5
'K-Medicine' Sweep Drives Foreign Medical Spending in Korea to Record High of 250 Billion Won
광고문의
임시1
임시3
임시2

Hot Issue

Devastating Twin Earthquakes Strike Venezuela: Death Toll Rises Amid Humanitarian Crisis

Political Debates Spark Over Semiconductor "Windfall" Redistribution

Google Play Hosts 'ChangGoo Alumni Day' to Accelerate Global Expansion for 760 Korean Startups

Government Slashes Petroleum Price Caps by 150 Won per Liter amid Easing Middle East Tensions

Fashion Runway Show 2026

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 향기네무료급식
  • BCB부천방송
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers