On 7th of November 2019 in Shanghai, AIDC Trading and its business partner in China, COFCO, reached a friendly cooperation in the Cambodian cashew nuts for a mutual benefit.
Both parties signed a contract for the import of Cambodian cashew nuts with total amount of 14.28 million USD in the next following two years.
The signing ceremony of the cooperation agreement between Asia Investment, Development and Construction Sole Co., Ltd. and CSS Champa Lao Co., Ltd. for Coffee Plantation in Pakxong District, Champasak Province on October 17, 2019.
The signing ceremony of the cooperation agreement between Asia Investment, Development and Construction Sole Co., Ltd. and Future Intelligence Co., Ltd. for the Vientiane Expressway Number 1 Project at Shanghai Tower on October 26, 2019.
Centara, Thailand’s leading hospitality group led by Suthikiati Chirathivat, Chairman of the Board (4th from right), has inked a management MOU with Asia Investment, Development & Construction Sole Co., Ltd (AIDC), a well-established investment and construction company in Laos. The agreement paves the way for Centara to enter into management agreements for three hotels in Laos with a combined total of 214 keys in capital city Vientiane and historic destination Luang Prabang.Suthikiati Chirathivat, Centara’s Chairman of the Board said: “This signing ceremony demonstrates our commitment to expansion in Asia as we continue to develop our portfolio internationally. With the expertise from a country leader in development like AIDC and Centara’s record of delivering and inspiring extraordinary guest experiences, we are very excited to be partnering for success on these three exciting projects in Laos”
Pheutsapha Phoummasak, President of AIDC Laos stated: “Luang Prabang and Vientiane are very popular destinations for both Thai and international travellers thanks to their perfect blend of historic legacy, wonderful sceneries and modern infrastructure. We are excited to partner with a Centara to bring their trusted brands to these cities and further promote the tourism potential of Laos.”
The three hotels will be operated under three distinct brands in the Centara Hotels & Resorts portfolio: in close proximity to Luang Prabang airport and major tourist attractions will be Centara Grand, the upper upscale hotel comprising premium rooms, leisure and meeting facilities. Targeting the more cost-conscious traveler in Luang Prabang will be a Centara Boutique Collection hotel, a quality value offering in a convenient city location whilst the latest COSI branded hotel will be arriving in Vientiane. COSI is the affordable lifestyle brand for the modern tech-savvy and connected traveler and it will offer a distinctive and localized experience in Vientiane.
ONYX Hospitality Group, one of the region’s leading hotel management companies, has a management agreement with Laos-based Asia Investment, Development & Construction Sole Co, Ltd. (AIDC), to develop a new-build Amari hotel in the city center of Vientiane, the capital city of Laos.
Featuring 250 rooms and suites in a 15-storey building, Amari Vientiane will offer all the key Amari brand signatures including service from Amari Hosts, the street market-style Amaya Food Gallery, Breeze Spa, creative meetings facilities and generous indoor and outdoor space thoughtfully designed for sharing and informal gatherings. Other facilities include a specialty restaurant, an outdoor pool and fully equipped fitness centre.
Mr. Pheutsapha Phoummasak, President of Asia Investment, Development & Construction Sole Co.,Ltd. (AIDC), said “ We are pleased to be in partnership with ONYX Hospitality Group, one of leading hotel management companies in Asia Pacific, for the first time. I look forward to being a part of this project’s success. We are proud to play a key role in Laos’ ongoing tourism and robust economic growth. Laos is a beautiful country with a huge tourism potential, with its natural wonders and welcoming people, and is poised to be one of the fastest growing Southeast Asian destinations among international travellers.