Dongbu Construction Holds Groundbreaking Ceremony for Phase 2 of Laos Mekong River Integrated Management Project

On the 4th, the groundbreaking ceremony for the Mekong Riverside Comprehensive Management Project (Phase 2) was held at the Mekong Riverside Port in Vientiane, Laos.

Dongbu Construction announced on the 10th that it held a groundbreaking ceremony on the 4th at the Mekong Riverside Port in Vientiane City to mark the start of the Laos Mekong Riverside Comprehensive Management Project (Phase 2), commissioned by the Vientiane Public Works and Transport Department of Laos.

This project involves constructing an approximately 8 km long embankment along the Mekong Riverside located in Vientiane City, refurbishing the riverbank, and creating riverside parks and roads, with a total budget of about 51.8 billion KRW. Dongbu Construction is the lead contractor and will carry out the project together with Kumho Construction over 48 months after the groundbreaking.

The project is funded by the Export-Import Bank of Korea's Economic Development Cooperation Fund (EDCF) to prevent flood damage and embankment erosion risks and to improve the quality of life for Vientiane citizens.

The groundbreaking ceremony was attended by the mayor of Vientiane City, officials from the Lao government ministries, the Korean ambassador to Laos, and Korean construction officials.

A Dongbu Construction official stated, "Laos has very high potential for economic development and the investment environment for foreigners is gradually improving. We will actively participate in Laos's infrastructure projects and contribute to the country's economic development and the improvement of its people's quality of life."

This content was produced with the assistance of AI translation services.