South Korea’s LG CNS Co., an information technology solution unit of LG Group, won a contract from the Lao government to build Tax Revenue Information System (Tax RIS) on Tuesday, the 40th export of its electronic government (e-government) system.
With the deal, it has achieved $210 million in cumulative exports of its e-government system since it first exported it to the Indonesian National Police in 2006, the company announced on the same day.
The Tax RIS, one of the 12 tasks of the Lao government to establish a national electronic tax system, is a project to digitize entire tax administration works in the country, with about 26 billion won ($22 million) investment. It aims to launch in 2020.
LG CNS will help the Lao government computerize tax-related works and set up infrastructure such as servers, networks and data centers. It will also give the government’s tax workers some training on e-government system.
The company said that it is also expected to provide its e-government system to Uzbekistan and Bahrain. It projects its overseas sales to make up more than 20 percent of its total sales this year.
By Oh Chan-jong
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]