As a company founded on the basic tenets of ethical business, caring and sustainability, Lao Development Corp created a high-level strategic plan that contemplated the longer-term development and investment in the people and assets of Lao PDR based on the country’s existing potential for sustainable development of the mining, energy and construction sectors.
By leveraging the country’s existing natural resources and mining potential, LDC envisages the creation of a Lao PDR that is economically robust and a dominant force in the global mining community and will become a benchmark for sustainable industry growth.
By establishing a plan with a national scope, we will be able to evaluate and approve projects holistically to support rapid expansion of all essential services within Lao PDR with the intention of directly contributing to a significant increase in gross domestic product and an improvement in quality of life through education, employment and a safer environment.
Through the implementation of environmentally-sensitive construction and practices such as waste-to-energy plants, clean mining alternatives and energy efficient construction, we will position Lao PDR to become a global standard for energy efficiency and a leader in minimising environmental impact.
Our aim is to improve quality of life, GDP, employment opportunities, safety and education for Lao PDR nationals.
Initiative
We have outlined nine key initiatives that we will facilitate and that underpin our Lao national development plan:
1. Planning, procurement and implementation of mining, construction and energy assets.
2. Purchasing and facilitating the construction of infrastructure such as refineries, depots, transport, electrical grids and other essential infrastructure.
3. Securing funds to lend to other assets and innovation projects.
4. Improving national mining standards to advance Lao PDR to a globally recognised standard.
5. Establishment of an industry-based educational programmes and institutions.
6. Creation of new industries (e.g. waste-to-energy, shipping) to stimulate local and export opportunities.
7. Installing a national standard system of compliance and reporting.
8. Modernisation of equipment and techniques and education in the agricultural sector.