Vietnam Posts and Telecommunications Corporation (VNPT) reported that at the recent exhibition on Laos 2005 Telecommunications and Networking (ComNet Laos 2005), held in Vientiane, VNPT and Lao partner have agreed on co-operation to set up a copper cable production factory in Laos. This project is value of US$7 million and will be carried out in March, 2006. This is VNPT’s first overseas investment.
|Copper cable production line. (Photo: SGGP)|