Lao World to build large- scale water park
Lao World to build large- scale water park
Lao World Public Company (Lao World) has invested in the construction of the first state-of-the-art water park in Vientiane, which is slated for completion within this year.
The water park will be built on a 3-hectare site in the area of Lao-ITECC and the ITECC Mall in Xaysettha district, Vientiane.
The company's Board Manager Mr Khamphone Phonekeo told Vientiane Times recently the water park will be one of Vientiane's main tourist attractions and will be a great place for locals and visitors to relax.
“The water park will have a giant slide, a lazy river, two wave pools and a petting zoo,” he said.
The company's management board will discuss the admission price at a later date, while the cost of construction will be revealed after project completion.
Lao World owns Lao-ITECC, the ITECC Mall and the Thongkhankham shopping mall in Vientiane. The company also owns shopping centres in Savannakhet and Champassak provinces.
Vientiane has a few small-scale water facilities but they are insufficient to meet the needs of the growing population. These swimming pools are operated by local businesses for public use and are often crowded.
With the opening of the ITECC Mall in August, Lao World hopes to attract more shoppers as well as people wanting to use the leisure facilities at the water park.
The mall will contain a shopping square, food court and entertainment venues. At present, about 70 percent of the blocks on three storeys have been sold to vendors, according to a senior company representative.
All types of consumer goods and business facilities will be housed at the new Lao World shopping complex.
This will give Vientiane residents more shopping options and will help them save money by cutting down on the trips they make to Nong Khai and Udon Thani provinces in Thailand.
When the Asean Economic Community comes into being at the end of this year, it is envisaged that regional economic integration will draw more foreign companies and investors to South East Asia, which will serve to spur economic development.
