Booyoung Lao Co., Ltd. signed a Memorandum of Understanding (MOU) with the Lao Government on 28 June to provide 600 buses to help improve public transportation in the country.
Several dignitaries attended the event, including Alounxay Sounnalath, Head of the Prime Minister’s Office; Lee Jong Keun, President of Booyoung Lao Co., Ltd.; and other government representatives from relevant ministries, according to KPL.
The buses, which are 22-seaters, will be delivered in two phases: the first 400 buses will be delivered in 2023, and the remaining 200 buses will be delivered in 2024. Booyoung Lao will also provide a three-year, or 200,000-kilometer, warranty on the buses.
In a statement, Mr. Alounxay said that the donation of buses from Booyoung Lao is a significant contribution to the country’s socio-economic development. He added that the buses will help improve public transportation, reduce traffic congestion, and save fuel.
He also expressed his gratitude to Booyoung Lao for its support and said that the Lao government will work with the company to ensure that the buses are used effectively and efficiently.
The donation of buses is expected to further strengthen the cooperative relationship between Laos and the Republic of South Korea while improving the lives of people in Laos by providing them with more reliable and affordable public transportation.