Vang Vieng town receives $8 million to upgrade its infrastructure for tourism
The destination will see new roads, bridges, and improved drainage systems
Vang Vieng, a small town north of Vientiane, is to receive USD8 million in funds to upgrade and improve its infrastructure, reported Laotian Times.
New roads and bridges are expected to be seen in the tourist town, including improved drainage that is being financed by the Asian Development Bank (ADB).
There are also reports that a new road to Kaeng Nyui Waterfall is to be built, which will take 24 months to complete.
The six-kilometre road will be six metres wide, facilitating restaurants and shops for tourists and a sidewalk for pedestrians.
Moreover, an 80-metre concrete bridge crossing the Nam Song River can be seen under the infrastructure project, as well as a road along the west side of the river.
Back in 2019, the Government of Laos announced that it planned to nurture Vang Vieng District into the country’s “official tourism town” by 2020.
More: Laos authorities to promote sustainable tourism through ecotourism sites
Prime Minister Thongloun organised a working trip to Vang Vieng to assess the district and offer advice on how to revamp the tourist town.
The scheme came with a USD47 million infrastructure grant provided by ADB to improve infrastructure in the district and around the Nam Ngum reservoir to support the growth of tourism.
The Property Report editors wrote this article. For more information, email: [email protected].
Recommended
Rental markets surge in Asia as digital nomads find new opportunities with visa reforms
As countries in Asia roll out customised visa programmes, rental markets are thriving with the influx of remote workers
China’s hospitality market thrives as developers sell off assets to spark recovery
China’s indebted developers are divesting hospitality assets to generate growth and enhance the outlook of the country’s real estate market
Meet the Bitkub CEO turning real estate on its head with cryptocurrency and tokenised ownership
Jirayut “Topp” Srupsrisopa, CEO of Thai crypto exchange Bitkub, is a true believer in the potential of digitised finance
6 sights to spot in Jardine’s Lookout, Hong Kong
With its sumptuous harbour vistas, this low-density area is one of the most sought-after in Hong Kong