Global Food

 
According to a report by the Lao People’s Daily on October 19, there are currently 1,562 domestic and foreign companies investing in Laos’s agriculture and forestry sectors with a total investment of 4.2 billion US dollars (registered capital of 2.6 billion US dollars) and a concession land area of 208,000 hectares. Among them, there are 515 foreign companies with a total investment of US$2.2 billion (registered capital of US$880 million). The main investment countries are EU countries, China, Vietnam, Thailand, Japan, Malaysia, Indonesia, South Korea and France. Among them, China ranks first with 239 companies with a total investment of approximately US$590 million; Vietnam is second with 60 companies with a total investment of approximately US$270 million; Thailand is third with a total of 60 companies with a total investment of approximately US$270 million. about more than 200 million US dollars. In 2020, Laos’s top agricultural product export is sugarcane, which exports 300,000 tons to China, followed by cassava, corn, bananas, and watermelon. In addition, Laos will export 50,000 tons of rice to China, and has now completed exports of 15,000 tons.

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