Vietnamese businessman invests in Lao football
VietNamNet Bridge – Vietnam’s Hoang Anh Gia Lai (HAGL) Group will join the Lao government to organize the Laos League.
The project to hold Laos League – the national professional football championship – is being designed by the Lao Football Federation. The Vietnamese group will contribute capital to this project and participate in the league with a HAGL-funded FC in Laos.
HAGL’s Chair Doan Nguyen Duc, who owns the HAGL FC in Vietnam, said Laos does not have a national football championship while the local government and people want to have such an event.
He said HAGL will not only contribute capital but its 10-year experience with football business to implement the Laos League project.
Duc said this project is at the beginning step so HAGL’s investment is not fixed yet but the figure would be in millions of US dollars.
In Vietnam, Duc invests nearly VND100 billion ($5 million) in the HAGL FC a year.
Recently, HAGL has stated to spend around $1 billion in forest and rubber growing, airport, sugar, hospital and school projects in Laos’ poorest province of Attapeu.
PV
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Laos SU SU
it is very sound good , next time lao will be strong team if laos have football league
That's good effort for Laos national soccer team in the future. I wonder why Thailand missed this opportunity to invest Laos football league before Vietnam.
it's good ideas
No Thailand never missed out the opportunity about invested in Laos, Anything good come up Lao PDR has always gave it to their comrades Vietnam first. then another country follow.