OV in Laos opens largest steel mill

(VOV) – An opening ceremony of a steel mill, the largest of its kind in Laos was held in Vientiane on January 1.

The mill, owned by an overseas Vietnamese, Mr. Pham Van Hung, has a capacity of 3,000 tonnes of steel per month and an investment capital of US$10 million

Hung, whose Lao name is Kham Hung Xay Cha Lon, built the first steel mill in 2001 with a small capacity of 10 tonnes of steel per day. Currently, his company owns three steel mills which cover an area of 3 hectares. The mills employ about 300 workers, 200 or 80% of them are Laotians.

The company has eight sales agents in Vientiane and three provinces in northern, central and southern Laos.

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