Chinese companies plan to plant 70,000 acres of durian in Laos and sell it back to China

Published Mar 8, 2021

Tridge summary

Chinese companies are planning to lease between 3,200-4,800 hectares of state-owned land in Vientiane, Laos' capital, to cultivate durians with the intention of exporting them to China. Despite the favorable tropical climate for agriculture, Laos' agricultural sector is underdeveloped. In recent years, there has been a surge of Chinese fruit farmers in the country. However, growing and exporting durians from Laos to China faces challenges such as agricultural development and variety restrictions, and the lack of necessary market access for Laos durians. Currently, only bananas and watermelons from Laos are allowed in the Chinese market. In 2020, China's durian imports amounted to 575,000 tons, a 44% increase from the previous year, mainly from Thailand and Malaysia.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Recently, the Lao Agriculture Network (www.agrilaos.com) reported that Chinese companies are seeking to rent 3,200-4,800 hectares (48,000-72,000 mu) of state-owned land in Vientiane, the capital of Laos, to plant durians and plan to export them to China. Laos is sparsely populated and has a tropical and subtropical monsoon climate. The rainy season is from May to October, and the dry season is from November to April of the following year. The annual average temperature is about 26°C, which is very suitable for agricultural development. However, Laos’s agriculture has long been It is very weak and basically depends on the weather. In recent years, many Chinese fruit farmers have grown fruits in Laos and then exported to China. According to the Lao People’s Daily, China has become the largest agricultural investor in Laos. As of October 2020 In September, a total of 239 companies invested in the agriculture and forestry fields in Laos, with a total investment of about 590 million US ...

Source: Guojiguoshu