Jiarun Agricultural Development Co, Ltd., of the People's Republic of China, and the Ministry of Planning and Investment of the Lao People’s Democratic Republic, have signed a Memorandum of Understanding (MoU) on the feasibility study for a forest restoration and ecological agriculture development project. The MoU states that the feasibility study will be conducted for 5,000 hectares of land in Sanamxay district of Attapeu province in southern Lao PDR. The project is envisioned to generate over 50,000 local jobs, promoting the local economy and raising the people's living standards.