Deepening Cooperation, Building a Landmark Together - Qiancheng Group Signs Memorandum of Understanding for Land Concession Project with the Ministry of Public Security of Laos

Source:Qiancheng Group Published:2026-07-15 18:09:49 Views: 513
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On July 14, 2026, Qiancheng Real Estate Investment Co., Ltd. and the Ministry of Public Security of Laos, represented by its General Logistics Department, held a signing ceremony in Vientiane and officially signed a Memorandum of Understanding (MOU) for the land concession project of the General Logistics Department's three-storey office building. Brigadier General Oudom SISONGKHAM, Director General of the General Logistics Department, and Mr. Gong Wenzhong, Director and Executive Vice President of Qiancheng Group, attended and witnessed the signing.


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LAO CENTER


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The Phase II site covered by this agreement is an integral part of the Lao Center master plan. Together, the Phase I main tower and the Phase II secondary tower will form a distinctive twin-tower skyline, integrating retail, office, hotel and residential functions with complementary uses and shared visitor traffic.

The official signing of the MOU marks a new stage in the advancement of Phase II development. It further completes the overall master plan of Lao Center, with the future mixed-use urban complex gradually taking shape in the heart of Vientiane's CBD.

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Since construction of Phase I commenced, Qiancheng Group has remained committed to creating a new landmark for Vientiane. The annex building was completed and put into operation at the end of 2025, while construction of the 155-metre main tower is progressing according to schedule. Following the successful signing for the Phase II site, the project will further enhance its commercial and office facilities, unlock greater business potential, and inject sustained momentum into the city's development.

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Guided by its mission of ' Creating Beauty for Cities, Creating Value for Customers,' Qiancheng Group remains committed to long-term development in Laos. The official signing of the Phase II site will further optimize the overall master plan of Lao Center, enhance the urban image and overall value of Vientiane's core district, and inject fresh momentum into regional urban renewal and economic growth.

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Located in the heart of Vientiane's CBD, Lao Center is a landmark mixed-use development integrating premium retail, international Grade-A office space, a five-star hotel and executive luxury residences.

Rising approximately 155 metres, it is planned to become Laos' tallest national landmark. With comprehensive amenities and strong long-term investment prospects, Lao Center is redefining the benchmark for high-end urban living and real estate investment in Vientiane.


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+856 (20) 5218 3333

Company Address

Khouvieng Road, Phapho Village, Sisattanak District, Vientiane Capital

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qianchengdichan@gmail.com

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