Chaleun Sekong Group

Chaleun Sekong Group

Type	Private
ISIN	🆔
Industry	Holding Company
Founded 📆	2008
Founder 👔	Chanthanome Phommany
Area served 🗺️
Members
Number of employees
🌐 Website	[ ]
📇 Address
📞 telephone

Chaleun Sekong Group (CSG) is a Lao conglomerate operating within several sectors in Southeast Asia. CSG is controlled by Lao businessman Chanthanome Phommany, and is known for its commercial relationships with the Lao government.

History

The group’s origins trace back to 2008 with the establishment of Chaleun Sekong Construction Co., Ltd, founded by Chanthanome Phommany. Initially focused on local infrastructure and timber manufacturing, the company underwent rapid expansion between 2012 and 2015, transitioning into a diversified holding group.

Organizational Structure and Subsidiaries

CSG operates through multiple core units, controlled by owner and Chairman Chanthanome Phommany.

CSG’s primary subsidiary is Chaleun Sekong Energy Company (CS Energy Co., Ltd). CS Energy serves as the group’s energy division, investing in hydroelectric dams and power plants for domestic and international markets. It also holds the group’s majority stake in the Lao Development Bank.

Energy and Hydropower

Through its subsidiary, Chaleun Sekong Energy Co., Ltd, the group invests in and develops multiple hydroelectric power plants, including Nam Ngum 3 and Nam E-Moun. These projects operate under power purchase agreements with regional partners.

Banking and Financial Services

In 2021, CSG led the privatization of the Lao Development Bank (LDB), acquiring a 70% stake in a joint venture with the Ministry of Finance of Laos.

In 2026, online reports alleged that Lao Development Bank (LDB) was involved money laundering through payment-gateway services for scam networks, online gambling operations and other illegal businesses, and named Chanthanome Phommany, group chairman and head of Chaleun Sekong Energy, as being directly involved in the alleged activities.

Regional Operations in the Golden Triangle SEZ

CSG maintains extensive operations within the Golden Triangle Special Economic Zone (GTSEZ) in Bokeo Province. The group's presence in the zone is primarily facilitated through its dedicated LDB branch infrastructure, which supports regional trade and infrastructure development. CSG’s operations largely consist of work with sanctioned Chinese entities and individuals, who are operating the zone.

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