VO: The URAI Paint Lao breaks ground in Savannakhet

VO: The URAI Paint Lao breaks ground in Savannakhet INTRO: The URAI Paint Lao Limited company, held a groundbreaking ceremony to construct its latest paint factory in the Savan-Senno Special Economic Zone in Savannakhet Province aiming to increase production of water base paint to meet the high demands of the local and international markets. STORY: The ceremony ground broken ceremony attended by Savan-Senno Special Economic Zone Deputy Managing Director, Kanti Lokaphone ຂັນຕິ ໂລກອາພອນ, URAI Paint Company Ltd President, Thongma Permsup-hirun ທອງມາ ເພີມຊັບຫິຣັນ, Provincial authorities from the department of Planning and Investment, Industry and Commerce, and local residents. According to President of URAI Paint Lao Company Ltd, Thongma Permsup-hirun, in order to satisfy the local and international demands for paint, the URAI Paint Company has invested 15 billion 760 million kip for this factory to produce more than 7000 ton of paint. Interview: Thongma Permsup-hirun, President of URAI Paint Lao Company Ltd “….” President of URAI Paint Lao Company Ltd, Thongma Permsup-hirun also said adding, the factory is aimed contributing to socio-economic development to the people of Savanakhet by creating more then 200 more jobs once the factory is operational starting from 2014 Interview: Thongma Permsup-hirun, President of URAI Paint Lao Company Ltd “….” The URAI Paint Company Ltd, is a 100% privately owned, a company from Thailand, that first opened in Laos in 1997 distributing water base paints for construction. In 1999, the 1st paint manufacturing plant was built in Vientiane Capital. The 2nd plant was opened in Pakse in 2007. Making the factory in Savannakhet a 3rd manufacturing plant in Lao PDR. According to the provincial authorities, Savannakhet Province in Lao PDR is a thriving hub of trade and services in the Greater Mekong Sub-region or GMS. The province is located along the East-West Corridor linking Thailand, Lao PDR, and Vietnam Road No. 9 Road and bridge construction will further develop Savannakhet as a trade and services zone. Savannakhet itself will also develop multiples routes from Thailand to north/central Vietnam. This will bring about an expansions of markets,. Direct access to Thailand across the new Mekong River Bridge, which is already constructed, will create further business opportunities for all the economic sectors in Savannakhet.