China's Yunnan Provincial Investment Holding Group has signed an
agreement with the government of northern Lao Sayabuly Province to build
the Asian Elephant Species Protection, Breeding and Rescue Center.
The agreement was signed on Saturday on the sidelines of the
International Elephants Festival and
Visit Laos Year 2018 in Sayabuly
province.
The deal aims to protect, breed, rescue and provide assistance to
popularize the endangered animals particularly Asian elephants and to
promote tourism in the province.
Yunnan Provincial Investment Holding Group was welcomed by the Lao
President Bounnhang Vorachit to invest in the elephant protection center
in Laos. He also expected more investment in Lao infrastructure and
other sectors, said a press release issued by the Chinese company.
The local government will give strong support to the project which is
expected to promote local tourism. The development of the industry may
make Sayabuly a landmark tourism city for Chinese visitors, said the Lao
president.
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