VIENTIANE, Dec. 12 (Xinhua) -- Laos hopes to increase the quality of data both of local and foreign laborers in the country, as well as Lao laborers working abroad.
A Memorandum of Understanding (MoU) was signed for conducting a feasibility study on Tuesday in Lao capital Vientiane, local daily Vientiane Times reported on Thursday.
The MoU was signed between Big Data technology, Department of Planning and Cooperation, Institute of Technology Computers and Electronics (TCEI) under Lao Ministry of Science and Technology and two companies from the South Korea, POSCO International Corporation and PentaGate Company Limited.
The ceremony was attended by Lao Minister of Science and Technology Boviengkham Vongdara, Lao officials and representatives of the companies.
"This MoU is a great opportunity for the ministries in Laos and South Korean companies for developing and studying labor management system," said Lao Director General of Planning and Cooperation Department Khampheth Vongdara.
The cooperation will enhance the development of scientific and technological achievements as well as the socio-economic development of Laos, according to the report.
Big Data will collect laborers' data from every sector and related ministries and put it together so that the exact number of foreign laborers in the country as well as Lao laborers working overseas is known.
"We expect that many foreign workers, mostly from China and Vietnam, will come to our country after the construction of the high speed train is finished," said a representative from TCEI, Phonpaseuth Soulinthone.
Apart from conducting the feasibility study project, the MoU will enable use of big data technology to establish a foreign laborer management system in Lao and help draw up a master and action plan as well as a timeline for study.
The feasibility study will take around five months to ascertain if Big Data is suitable and will benefit the laborer management system.