Research On China's Investment In Laos Cement Industry

With the continuous progress of Laos economy,in the process of infrastructure construction,the demand for cement began to increase.Before 1992,Laos did not have its own cement production line.The demand for ce,ment all depended on imports.A large number of cement imports made Laos begin to think about building its own cement production line.Thus,in 1992,the Lao Wanrong Cement Plant was established.The Wanrong Cement Plant is the first cement plant in Laos and the first cement production line in Laos.It is expected to produce 100,000 tons of cement annually.Wanrong Cement Factory is a successful example of cooperation between Laos and Chinese cement.Based on this,cooperation between China and Laos in the cement market is of great significance.With the change of economic situation,Chinese enterprises gradually begin to enter into Laos ce,ment market.Laos cement market also needs more cooperation and exchanges with Chinese enterprises.Laos needs to constantly expand the production of cement.To meet domestic demand and tap Laos'customer needs through in-depth exchanges with China,so as to provide more effective market experience and cooperation.The cerment cooperation between Laos and China can promote the specialization of cement production and complement each other through cooperation.In view of this,this paper analyses the current situation of Chinese enterprises'investment in Laos cement,including investment status,investment needs and investment advantages.Then,it makes a case study of Wanrong Cement Plant in the form of case analysis,draws a conclusion of the development of enterprises and the challenges faced by current enterprises,and summarizes the future development of enterprises.Then it analyses the necessity and significance of Chinese enterprises investing in Laos cement industry.The project of Chinese enterprises investing in Laos cement plant is unprecedented success.It is not only the first cement production line in Laos,but also the pioneer of Laos'joint venture construction in China.It has brought the progress of cement cooperation between Laos and China,and laid a foundation for future cement cooperation projects.China-Laos cement cooperation also faces problems,such as difficult cultural integration,limited size of cement plants,lack of professionals and so on.Finally,on the basis of the above analysis,the paper points out the countermeasures and suggestions to promote the cooperation of Laos cement industry in China.In promoting the cooperation of Laos cement industry in China,Laos should make full use of foreign investment and foreign aid to promote the development of Laos cement market,Both sides should follow Lao's culture and habits and promote cultural integration.Both sides should constantly seize the opportunity of cooperation and actively cooperate and develop with foreign countries.Only by constantly improving infrastructure construction,can Laos cement production increase on a large scale,and the number of cement plants will increase substantially.Strengthen the training of professionals to promote the development of Lao cement technology by professionals,while driving the industrialization process of Laos.