Phongsavanh Wood Industry Co., Ltd. was founded in 1977 and became Lao PDR's leading wood product manufacturer and exporter. Its products included processed timber for domestic and overseas markets, particularly housing and furniture industries that required quality natural materials.
The business closed in 2008 due to the government's policy on environmental and forest conservation. However, it was regarded as the initial step on the path towards success that enabled the Phongsavanh Group to diversify its businesses and launch its corporate responsibility for society and the environment. A reforestation scheme has thus been implemented on an ongoing basis.