top of page

Business Introduction

STO LAO Development Sole Co., LTD started from H&B Development in Korea.

One day when I was pursuing change and innovation in the midst of rapid change. We think about nature, humanity, culture, technology, and sharing.

And in Laos, I found light about my epic journey.

By combining natural tourism resources with modern infrastructure, we want to present a more beautiful and wonderful world to humanity. We started the FANTARA project in the hope that through this process, more people will be happier and smile more.

Our long journey began with many people in Laos who gave us deep trust and generous support, and with many colleagues who walked together.

CEO    Lee Seo Jin

In 2021, STO LAO Development Sole Co., LTD entered Laos starting from 'Korea H&B Development' in 2018, and under the supervision of STO LAO, with the active support of the Laos government, it is carrying out the 'FANTARA Project', a Laos complex tourism complex development project. It has begun.

Laos is a country with a rich natural environment and endless tourism resources. Based on its business in Laos, STO LAO aims to become a global company and a future-oriented company that contributes to humanity. Although it is a little-known company in Korea, it is growing significantly and has been making sound business preparations, including field trips to Laos and in-depth market analysis, starting in 2022 under a grand plan called the 'FANTARA Project' in 2021. As a result, in June 2022, after only one year of project implementation, approval was given to proceed with the work through an economic and technical feasibility meeting with the participation of 13 ministries of the Laos government.

I would like to say that ‘STO LAO’s ‘FANTARA WORLD  Project’ is an opportunity to create high added value both temporally and geographically. This project is an extremely normal and positive project undertaken by the Laos government to improve the underdeveloped national environmental infrastructure of Laos, a developing country, and to leap forward as a global tourist attraction. It is a meaningful cultural tourism project that contributes to conservation and maintenance. The 21st century is an era where culture becomes national power.

'STO LAO' will inform the progress of the project from the start of construction to the opening through the company website and SNS, while continuing to maintain business transparency through close communication and media. We will focus our efforts on promoting this.

​Thank you.

CEO Message

CEO    Lee Seo Jin

Company History

  • The beginning of project ‘FANTARA’

  • Business direction planning: significance, differentiation, concept, roadmap

2021. 3Q

2023. 04. 28

  • Securing 2,000ha (6 million ㎡) of business site for phase 1 and completing contract

  • Laos Field Exploration

  • ​Market analysis and business preparation

2022. 1Q, 2Q

2023. 09. 24

  • Phase 1 Groundbreaking - Section 1

  • Phu Koot Thong Kham Golf Course, Xiangkhoang Province, Laos

  • Economic and technical feasibility conference

  • 13 government ministries participated

  • Approval for project implementation

2022. 06. 27

  • Laos government signs MOU for ropeway construction, establishment of local company for project

2022. 07. 02

  • Approval and conclusion of ropeway and tourist complex (FANTARA WORLD project)

  • Establishment of STO LAO Development Sole Co., LTD, a local corporation in Laos

2022. 07. 22

 April 2024

  • Phase 1 Groundbreaking - Section 2

  • Vang Vieng, Vientiane, Laos

2018. 02.28

  • Establishment of Korean corporation H&B Development Co., LTD 

2018 ~ 2021


2023 ~ 2024

1. Laos government-level comprehensive national development project 

  • With the approval and active support of the Prime Minister and 13 related ministries, we aim to improve poor transportation infrastructure by connecting the Chinese border area in the north of Laos to the border area in Cambodia in the south.

2. Connecting 1,400 km of sections across Laos through a ropeway network

  • Build transportation infrastructure by connecting major bases in a total of 5 stages

  • Revitalizing tourism/commerce around 140 transfer stations

  • We aim to become a transportation/tourism hub connecting five Southeast Asian countries.

bottom of page