24 C
Vientiane
Saturday, February 22, 2025
spot_img

National University of Laos to Expands Student Housing with New Dormitory Project

This Week

The National University of Laos (NUOL) has announced plans to expand student accommodations at its main campus in Dong Dok village, Vientiane.

On 18 February, the university signed an agreement with Lakxay Investment Company Limited, a private firm tasked with developing the dormitories. The project will be built on 53,279 square meters of state-owned land.

The lease agreement, which runs for 50 years with the possibility of renewal, is valued at an initial annual rate of USD 12,319. The company will begin paying rent in 2030, with a 5 percent increase every five years.

According to the Ministry of Finance, the initiative is intended to enhance student housing and improve educational services at NUOL, providing better living conditions for students in the future.

However, concerns have emerged on social media regarding the university’s existing dormitories, with many users suggesting they have been neglected.

“Why not renovate the old dorms instead?” one Facebook user questioned. “What’s the point of new dorms when student numbers keep dropping?”

Latest article