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Zou Lei Meets with Lao President Thongloun Sisoulith

2023-10-20

Zou Lei, Chairman of China Datang, met with Thongloun Sisoulith, General Secretary of the Lao People's Revolutionary Party?(LPRP)?Central Committee and Lao President, in Beijing?on Oct. 19. Thongloun was in Beijing for the third?Belt and Road Forum for International Cooperation?(BRF) held from Oct. 17 to 18.

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During the talks, Zou and Thongloun engaged in friendly discussions on?efforts to deepen cooperation?in?the power sector in Laos, assist?Laos?in pursuing?green development, and promote?the building of a China-Laos community with a shared future. Thongloun?spoke highly of China Datang's comprehensive strength, and expressed gratitude to China Datang for its active efforts to get involved in and contribute?to Laos'?social and economic development.

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Thongloun emphasized that Laos enjoys?significant geographical advantages and the advantages for energy development. The country is currently deepening the implementation of a new development pattern, which is aimed at integrating?economic growth with cultural?and?social development as well as environmental protection, and?promoting green and sustainable economic growth to achieve a stronger, deeper and more comprehensive transformation. By intensifying efforts to implement the new development pattern, Laos has created?a better investment environment, Thongloun?pointed out, noting that?the country?looks forward to strengthening cooperation with Chinese companies.

China Datang's?development philosophy and direction are highly consistent with Laos' national development plan, said the president, who stressed that Laos will be glad to see China Datang?continue to increase investment in Laos and boost?cooperation in production capacity and investment between the two countries. The LPRP?Central Committee and the government will continue to provide incentive policies and supporting measures for investors, he added.

Zou thanked?Thongloun, the LPRP?Central Committee, and the Lao government?for?long-term support for China Datang's?development in Laos.

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This year marks the 10th anniversary of the Belt and Road Initiative (BRI) proposed by China and the 5th anniversary of the signing of the Action Plan for Building a China-Laos Community with a Shared Future, which adds significance to the important agreement for the Pak Beng Project signed between China Datang Overseas Investment Co., Ltd. and the Lao Ministry of Energy and Mines?during the third BRF, Zou noted.

Zou emphasized that China Datang will fully leverage its strengths?to?fulfill its responsibilities for the?Project, and make the power station?a model of cooperation between China and Laos?in increasing production capacity?and strengthening connectivity, while further expanding investment?in the new energy industry in Laos.

As a large state-owned energy enterprise on the?Fortune Global 500 list, China Datang?will earnestly implement the important consensus reached by the leaders of the two countries, align?its development?strategies closely with Laos' development plan, actively promote the high-quality development of Laos' energy industry, and strive to build exemplary?projects in Southeast Asia, thus contributing to Laos' efforts to pursue green?and?sustainable development and improve people's wellbeing.

Peng Yong, Vice President of China Datang, Saleumxay Kommasith,?Lao Deputy Prime Minister?and Minister of?Foreign Affairs, Khemmani Pholsena,?Chief of the Office of the LPRP Central Committee,?and Saysana Sitthiphone, President of the Laos-China Cooperation Committee, also participated in the talks.

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