AgDevLaos signs MOU to accelerate agribusiness growth in Laos

AgDevLaos, an agribusiness investment platform, has formalised a pivotal partnership with the Lao Agriculture Business Association (LABA) through the signing of a Memorandum of Understanding (MOU) at the Lao National Chamber of Commerce and Industry (LNCCI) in Vientiane. 
The agreement was signed on October 21 by the Managing Director of AgDevLaos, Mr Alexander Robb-Millar, and the Vice President of the LABA, Mr Bounthieng Lattanavong.

AgDevLaos represents a strategic collaboration between FoodWorks Holding UK Ltd. and the distinguished Lao TK Group. The platform is targeting a minimum capital raise of US$100 million to invest in value-added, export-oriented agribusinesses across Laos. 
This initiative aligns with the country’s growing infrastructure connectivity, including the Laos-China railway, and the supportive government environment fostering agricultural modernisation and market expansion.
“We recognise Laos’s vast untapped potential in agricultural value addition,” Mr Robb-Millar said.
“By partnering with the Lao Agriculture Business Association and leveraging both international expertise and local knowledge, we aim to create sustainable agribusiness ventures that not only deliver strong financial returns for investors but also generate meaningful economic growth for Laos and its communities.”
AgDevLaos is committed to integrating environmental, social, and governance principles throughout its investment and operational strategies, ensuring long-term sustainability, respect for
local culture, and responsible resource management. 
This approach is designed to enhance competitiveness while contributing positively to Laos’ economic development.
The MOU sets a strong foundation for collaborative projects, knowledge sharing, and innovation in the agribusiness sector, signalling a new era of sustainable growth and investment confidence.

By Advertorial Desk
(Latest Update October 27, 2025)