Vientiane: Amata City Laos is advancing the development of the Amata Smart and Eco City Nam Mo project, following the Lao PDR government's initiative to establish it as a new regional hub for green industry and logistics. The project is set to attract investors by the end of 2026.
According to Thai News Agency, Mr. Saleumxay Kommasith, Deputy Prime Minister, Permanent Representative, and Chairman of the Central Investment Promotion and Protection Committee of the Lao PDR, emphasized the government's focus on driving investment projects crucial for infrastructure development, job creation, and enhancing economic potential. He urged relevant agencies to expedite the Amata Smart and Eco City Nam Mo project, ensuring its implementation aligns with legal frameworks and development plans, while also addressing obstacles and closely monitoring progress. The project is seen as a key mechanism for attracting investment in line with the Lao PDR's economic development strategy.
Mr. Warong Tangpraphitkul, Managing Director of Amata City Laos Co., Ltd., highlighted that the project is a significant investment strategy for Amata in Laos. Building on Amata's experience in developing industrial cities in Thailand and Vietnam, the project aims to create a smart and environmentally friendly industrial city in Oudomxay Province, covering 3,150 hectares. The city will connect to major transportation networks, particularly the Laos-China railway, enhancing logistics and transportation capabilities, and positioning Laos as a regional land link hub for trade and investment. The initial phase of construction, spanning 900 hectares, is underway and ready to welcome investors by the end of 2026.
Amata has signed a Memorandum of Understanding (MOU) with strategic partners to jointly study the feasibility and develop the project in various aspects, serving as a key mechanism for driving investment to fruition. They are also exploring the development of an electric vehicle (EV) truck park to support green logistics and cross-border transportation, aligning with the Lao PDR government's policy to increase the proportion of electric vehicles to 30% by 2030.