Chinese enterprises will build Asia's largest original coffee base and industrial park in Laos

According to Yin Xinhua, the two companies will use the coffee project as a starting point to consolidate and develop coffee bases and speed up the construction of primary processing plants in northern Laos. In the future, we also plan to build a 10,000-ton coffee processing plant in Vientiane City, increase investment in southern Laos, help small and medium-sized coffee enterprises increase production, and take advantage of the transportation advantages of "coffee trading center" and "Chongqing New Europe" to promote Laos coffee exports to earn foreign exchange and develop the local economy.

Zhang Yue, deputy general manager of Chongqing Neng Investment Group, said that Chongqing Neng Tou, a key state-owned enterprise in Chongqing, has formulated a coffee development strategy to promote enterprise transformation and upgrading, and its Chongqing Coffee Trading Center was officially listed on June 17, 2016. With the support of the governments of China and Laos, the company will cooperate with Changshengda in Yunnan to jointly invest in building the largest original coffee base and industrial park in Asia, carry out coffee cultivation and deep processing, equipment manufacturing, international trade, warehousing and logistics and market promotion, achieve win-win results, and set a new benchmark of "Belt and Road Initiative", "opium poppy alternative cultivation" and "Laos-China agricultural cooperation" in Fengsari Province, Laos.

On behalf of the Fengsari provincial government, Kampen extended a warm welcome to the cooperation between the two companies. He said that since 2011, Changshengda in Yunnan Province has signed coffee planting and processing contracts with Punuo and other counties in the province. As of December 2015, more than 7000 farmers in Fengsari province had grown coffee, covering an area of more than 3000 hectares, helping local farmers to shake off poverty and become rich. At present, the Fengsari Coffee Project is within the framework of the "Yunnan-Laos Northern Cooperation Mechanism" and is one of the "opium poppy alternative cultivation projects" jointly implemented by Laos and China. He expressed the hope that the two companies will cooperate amicably to make the Fengsari coffee industry bigger and stronger, contribute to the economic development and local poverty reduction in Fengsari, promote the development of Laos coffee industry, agriculture, science and technology, and promote friendly cooperation between Laos and China.

Fonsari province of Laos is the northernmost province of Laos, bordering Yunnan Province of China, with a border line of more than 400km, an area of 16000 square kilometers and a population of about 170000. It is one of the red base areas of Laos, and it is also a serious disaster area of opium poppy cultivation.

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