The President of Phousy Group, Mr. Sithong PHOMMACHITH, and his management welcomed 7 delegates from KASIKORN Bank on February 27, 2018, at Luang Prabang View Hotel, Luang Prabang District, Luang Prabang Province.

The visit by KASIKORN Bank aim for the exchange of business experiences, the specific proposal for joint-investment opportunity and to provide loan to Phousy Group, especially in the Luang Prabang Special Zone Development Project.

During the meeting, the President of Phousy Group and Managing Director briefly presented the overall picture of business operation from the past to present and the potential of Luang Prabang Special Zone Development Project which was approved by the Lao government in 2016, in order

to open the opportunity to domestic and foreign investors. The KASIKORN Bank is pleased to enhance regular relationship with Phousy Group, the following agreed actions:

1). Agree to consult on the loan to Phousy Group for the development of Luangprabang Special Zone Project;

2). Assist with building the network relating to its potential client, the KASIKORN Bank propose the potential investors in the region as well as foreign investors;

3). Agree to make further studies relating to Luangprabang Special Zone Development Project, especially Railway Transit and others

4). Both parties plan to organize a focus group panel in the near future in order expand and realize for their requirement.

After the completion of the site visit at Luangprabang Special Zone, both parties took opportunity to join lunch and to continue the business discussion until 1:00 PM, Mr. Sithong PHOMMACHITH wished to the KASIKORN Bank have a safe trip and welcome to Phousy Group.