Lao Agribusiness Association Launches Flagship Project for Export-Oriented Crop Cultivation
The Lao Agricultural Production and Processing Association, also known as the Lao Agribusiness Association, has initiated a prominent project to promote the cultivation of roselle, black and white sesame, and large onions for export to the Republic of Korea. This ceremony, attended by high-ranking officials and business representatives, marks the beginning of a four-way partnership model that will bring together businesses, producers, suppliers, and buyers in collaboration with the government and financial institutions. The launch event featured a drone demonstration for nutrient spraying by the Department of Crop Production, and several Memoranda of Understanding (MOUs) were signed to strengthen cooperation in producing high-demand economic crops.
Key Takeaways:
- The Lao Agribusiness Association has launched a flagship project to promote the cultivation of roselle, black and white sesame, and large onions for export to the Republic of Korea.
- The project operates under a four-way partnership model, linking business units, producer groups, suppliers, and buyers in collaboration with the government and financial institutions.
- Six entities are currently participating in roselle cultivation, covering a total of 2,135 hectares of land.
- The participating entities include the 3F Cooperative (2,000 ha), Insi Tha Chang Agricultural Cooperative (10 ha), Saen Oudom Group (40 ha), Had Vieng Kham Group (10 ha), Lak 35 Group in Savannakhet Province (55 ha), and Samnam Kansed Phaluay Company (20 ha).
- An MOU was signed to strengthen cooperation in producing high-demand economic crops, including roselle, sesame, onions, and others.
- A purchase-sale agreement was signed for 120 tons of dried roselle, valued at 16.2 billion kip, between the Lao Agribusiness Association and ROKA Korea Co. Ltd.
- The Department of Crop Production demonstrated its capabilities with a drone demonstration for nutrient spraying.
Statistics:
- Total area under roselle cultivation: 2,135 hectares
- Number of participating entities in roselle cultivation: 6
- Total hectares covered by the 3F Cooperative: 2,000 ha
- Total hectares covered by Insi Tha Chang Agricultural Cooperative: 10 ha
- Total hectares covered by Saen Oudom Group: 40 ha
- Total tons of dried roselle to be purchased by ROKA Korea Co. Ltd.: 120 tons
- Total value of the purchase-sale agreement: 16.2 billion kip
Sources:
- The Lao News Agency, 15 Aug 2025