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Xaignavong Group set to expand its pipe industry

Following strong demands from Lao, Xaignavong Group Sole Company
Limited has invested 20 billion kips to launch the second phase of its
pipe factory construction
The group, a leading standard pipe supplier and producer that serves
various sectors, organised a ground-breaking ceremony on Monday to build one more Toyo industry plant on 13 South Route, Phokham village,
Xaythany district, Vientiane
The president and co-founder of the Xaignavong Group, Mr Langkone
Xaignavong, told Vientiane Times yesterday that the construction of
the new Toyo industry is expected to be complete within eight months.
Every step of the production will be modernised and will be at par
with the pipe industries in the Asean region.
He said the area of the factory has been expanded from 2 hectares to 3
hectares for the second phase.

Authorities who participated in the event strongly believe that the
new factory will employ state-of-the-art technology that is
environmentally-friendly and does not adversely impact the locals.
At the ceremony, Mr Langkone briefly spoke about the background of the
group saying that along with his family he established the group in 2001 to import and supply standard water equipment for water supply, irrigation systems, borewells, mining, and electricity projects around the country. 
After 15 years of importing and supplying water equipment to Laos, he observed that a lot of foreign currency flowed out of the country, and demand for these products continued to increase.
With the strong intent of the company’s board to save foreign currency and help support developments in line with the government’s vision of industrial modernisation with their existing potentials - such as the
available base of customers, the executive board decided to establish Toyo Industry Lao Factory Company Limited or Toyo Pipe Factory in 2016.
This plant has put to good use modern technologies developed by Germany and the US for production. The system is managed by professional teams with over 20 years of experience by using ISO 9001:2015 together with other systems.
Toyo Pipe Factory has become a modern industry in Laos and has been trusted by customers, high-ranking leaders, and business units.
The plant can produce several kinds of pipes and serve a spectrum of sectors - electric pipes, pipes for covering solar cell cable lines, CCTV electric cables, telecom cable lines, pipes for farming, irrigation systems under TOYO and Asia Green brands.
So far, the company can produce 14 catagories of pipes with a production capacity of 15,200 tonnes per year. It has a standard laboratory room to test the quality of products. The lab has been certified by the
Standard Department of the Ministry of Science and Technology Products are accepted by customers and projects such as ADB, JICA, KOICA, World Bank, and Unicef, special economic zones, and mining
projects.
The company has received standard certification of ISO 9001:2015 2015
from Transpacific Certifications Limited (TCL) of Australia, Made in Laos certificate, and Lao standard certificate. Mr Langkone said that although the country is facing some obstacles due to COVID-19, higher inflation, natural disasters and slow economic growth, the group decided to expand investments in the second phase.
The ground-breaking ceremony was attended by representatives of business sectors such as the Vice Chairman of Laos-China Cooperation Committee, Mr Kenthong Sisouvong, the President of Lao National Chamber of Commerce Industry, Mr Oudeth Souvannavong, the Xaythany district Governor, Mr Khampadith Khemmanith, and other guests.
The Vice Mayor of Vientiane, Mr Phoukhong Bannavong, said that he appreciated the decisions made by the group president and his family for a new investment which is important for economic developments in Vientiane as well as the country.
One important thing is that the construction of a new factory in the second phase will create jobs for the local people.
However, Mr Phoukhong also urged the company to complete the construction as planned and follow the green development policy.



 

By Manichanh Pansivongxay
(Latest Update
November 17,
2020)


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