Development Medal for Vientiane Hongshi

Post Time: 2020-02-20
    Bounnhang Vorachith, president of Laos People’s Democratic Republic, awarded the 1st Class Medal of Development to Vientiane Hongshi Saythirath Cement Co., Ltd. Khamphan Sithidampha, governor of Vientiane Province, presented the medal on behalf of the Lao government to Wang Jianwei, general manager of Vientiane Hongshi. The medal is in recognition of Vientiane Hongshi’s outstanding contributions to the economic and social development of Laos, such as the construction of a large-scale modern cement plant and the construction of two bridges in Laos.

Vientiane Hongshi is a key project of Hongshi Holding Group, representing the company’s participation in the Belt and Road Initiative. Vientiane Hongshi has a new dry-process cement production line with a daily output of 5000 tons. The production line was put into operation on February 8, 2018, and manufactures cement in a low-carbon, safe, and environmentally friendly method. The project provides high-quality cost-effective cement for local infrastructure construction, such as the China-Laos Railway and large hydropower stations.

Since its establishment, Vientiane Hongshi has directly or indirectly provided over 500 local employment opportunities and actively participated in public welfare undertakings. It has not only contributed to the economic development and people’s happiness of Vientiane Province but also established a good image of a Chinese company overseas. (By Xu Qiaolin, translated by Jin Haiqiong, edited by Kendra Fiddler)

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