Hoang Anh Gia Lai Group (HAGL Group) invested US$145 million in the Nam Kong 2 and 3 hydropower plants in Laos earlier this month, according to Doan Nguyen Duc, chairman of HAGL Group’s administration board.
The plants are expected to be completed by the middle of 2013 with a total capacity of 120MW per year.
The group has invested in three key spheres in Laos including steel ore, hydropower and rubber, with a total investment capital of $500 million.
