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Beung That Luang Chinese project - DEAD!

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ນໍ້າໃຈລາວ​ XiangMieng

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Sep 28, 2008, 8:10:27 PM9/28/08
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Ah! Hammm! sorry late news this one slipped under my radar.
Congratulations to GOL for common sense. However be ware "So the
government is still obligated to look for new lands for the Chinese.
Officials have reportedly been looking at areas adjacent to the new
sports facilities in Saythani district and areas next to the Tha
Nalaeng train station in Dongphosy village, Hadsayfong district."


Laos: Chinese Firms Will Not Develop That Luang Marshland
By Dara Baccam
12/08/2008

That Luang marshland development plan

Lao authorities say they will not be able to allocate lands in the
That Luang marshland to Chinese companies to develop into a new urban
and commercial center, because only 20% of the promised 1,000 hectares
have been acquired so far. Local residents and land owners refuse to
relocate because the government is not able to provide them enough
compensation.
The government had promised the lands to Chinese
New stadium being built
companies in exchange for the new stadium and sports facilities they
are building at KM 18 on Route 13 South, which will be used for the
25th SEA Games that Laos will be hosting at the end of 2009.
So the government is still obligated to look for new lands for the
Chinese. Officials have reportedly been looking at areas adjacent to
the new sports facilities in Saythani district and areas next to the
Tha Nalaeng train station in Dongphosy village, Hadsayfong district.
The Chinese companies expect to spend about 58 million dollars on the
sports facilities they're building for Laos, and plan to invest more
than $88 millions to develop the lands they will receive in return for
building the sports complex. The development is expected to be
completed by the end of 2010, in time for the commemoration of the
450th anniversary of the founding of the capital city of Vientiane.
Listen to Songrit's report for more details in Lao.

casalao

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Sep 29, 2008, 12:01:25 AM9/29/08
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wow... i am impressed with the people's power. it used to be that you
were at the mercy of the AK47 power. not any more.

here in the US, the people's power are being flexed in the form of not
bending over and let the bush administration screw us from the behind
by writing them a blank check for this 700B bailout.

ລາວພວນ ລາວຮັກຊາດ

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Sep 29, 2008, 11:35:35 AM9/29/08
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Casala...I'm very proud of you after 32 years you finally understand
the
capitalist system, refresh your memory: the Ak-47s were always
in the hand of Lao citizen (Konglone) from begining....

omp...@yahoo.com

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Sep 29, 2008, 1:04:41 PM9/29/08
to

Hi Ai Casalao,

I think it is just political posturings from the GOP and some
democrats representatives to secure their job in November 2nd. As you
can see, the more things change, the more they are going to be the
same or worst for us tax payers.

At the end, Paulson is going get what he wants. If he doesn't get what
he wants, his friends are going to put more pressure on Congress to
get it.

Do you see today's stock market? His friends are not happy with the
way the bail out turns out to be, they keep on selling to make the
threat appearing more imminent by pushing the market down.

Yes, we, tax payers and shareholders of pension funds are being taken
hostage by these few rich guys.

Looking into the future, as more banks are failing, more power are
concentrated with the few who can survive. Earlier this month, we had
4 major investment banks: Goldman Sachs, Lehman Bros, Merry Lynch and
JP Morgan. Now, none is left. Goldman and JP Morgan are no longer an
investment and they are now converted to commercial banks. We all
know the fate of Lehman and Merry Lynch. Gone!

Who are left to fill the vacuum?

Unregulated private equity firms like Blackstone are now a bigger
player in the investment market. They are currently the investment
bankers by default after those big four are gone. And they can
leverage and even derail the implementation of the Bail Out if things
don't come their way which means that there could be more bail out
request down the road.

Let's hope not.

OP


Cat

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Sep 29, 2008, 2:45:19 PM9/29/08
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Good to see that the Government (LPDR) is listening to the people's
wishes or vice versa the people are beginning to let their voices be
heard without fear of retribution from the LPDR government. There is
still hope for Laos after all. People power is still strong even in a
communist state.

yaj...@gmail.com

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Nov 1, 2008, 4:48:29 PM11/1/08
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We should thank the Vietnamese for their advices and lobby the Lao
government to not allow the Chinese to build their project in the
capital of Laos.

Torn between two lovers - Vietnam and China.

thanouxay

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Nov 4, 2008, 4:54:55 AM11/4/08
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Dear Friends,
555555 Laos is changing for the better and your suprise to see that
people's voice is taken into consideration and account, is no more
than a process of people's consultation where the Government is widely
opening its ears and eyes. This is called the Democratisation of the
Nation. The process is ongoing and the peopple'voice is becoming more
and more important in any Major Decision by the Government.
Sok dee

Hmong-Lao

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Nov 4, 2008, 10:20:52 AM11/4/08
to
Thanh Thanousay,
Congratulations.
Laos makes good progress. I hope by the time I retire, I would be able
to build my dream house there.

HL

thanouxay

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Nov 4, 2008, 11:14:24 AM11/4/08
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Dear Hmong-Lao,
Most likely. This is also my dearest wish that our compatriot oversea
can find a way back home to live peacefully. Things are changing
including legal environment... The Government is considering giving
the maximum incentives to our compatriot in order to attract the
maximum of them back home.
Boun Thatluang is on the way and my house is very noisy at night with
free music.
Sok dee
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