GLOBAL NETWORK

Lao PDR

Country Overview

  • Population
    7.4Million(2022)
  • GDP per Capita(USD)
    2,630.20(2020)
  • GDP Growth Rate
    2.30 %(2021)
  • Exchange Rate (Kip/USD)
    13,408(2022.05)
라오스 국가정보
Language Lao(Official), Thai Government Type People’s Democracy
The Ruling Party Lao People’s Revolutionary Party Currency Lao Kip(LAK), USD, Baht(THB)
CPI Growth Rate 5.17% (2021) FDI (USD Million) 967 (2021)

History

  • 2021
    ᆞKia Sonet model launched
    ᆞHyundai Reina model launched
    ᆞHyundai Palisade model launched
    ᆞHyundai Kona, Staria model launched
  • 2019
    · Daehan TERA-S(Mini Truck) model launched
  • 2016
    · The partner company DGB Lao Leasing
    Company commences financial leasing service
    · KR Motors starts its sales in Lao PDR
  • 2013
    · Launches a new car CKD brand ‘DAEHAN’
  • 2003
    · Motorcycle business commences with the in-house brand ‘KOLAO’ (currently holds over 300 dealerships and franchise network countrywide)
  • 1999
    · Undertakes a factory in Savannakhet, an industrial city in Lao PDR, and installs car assembly lines.
  • 2020
    · Kia Seltos model launched
    · Hyundai Venue model launched
  • 2017
    · Launches pick-up models Maestro, Prime and Megatron
    · KB Kolao Leasing Company is established and starts business as a jointventure with KB Financial Group
  • 2014
    · Launches the pick-up model “Extreme”
  • 2009
    · Financial business commences with the opening of ‘Indochina Bank’ (Introduces one-stop service and automobile leasing service)
  • 2002
    · The first after-sales service center (automobiles) opens in Lao PDR to implement customer satisfaction management.
  • 1997
    · General Motors is established.

SITE OVERVIEW

Total Area
423,000㎡
Capacity
40,000 units/year
Employee
1,500
First Operation Date
SEP 2013
Address
Km9rd, Oudomvilay Village, Kaisone Phomvihan District, Savannakhet, Lao P.D.R
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