Our History

FROM HUMBLE BEGINNINGS TO BOUNDLESS SUCCESS

Mr. Sisombath Philavong migrated from Lao P.D.R. to the United States in 1986, settling in Elgin, Illinois. Despite struggling to find employment in his new home, he remained determined and, in 1990, founded Precision Sewing from his garage. With the unwavering support of his wife, Mrs. May Philavong, and their three children, he steadily grew his business, securing contracts with American Airlines and United Airlines. His entrepreneurial success was recognized in 1999 when he received the Young Entrepreneur Award at the First Annual Asian American Small Business Awards.

In 2007, driven by his commitment to giving back to his homeland, Mr. Philavong established Sisombath Leasing Company in Laos, expanding its branches across the country to support the financial needs of the Lao people. In 2013, he further diversified his business ventures by founding SP Real Estate, introducing various housing projects in Vientiane. His contributions to the hospitality industry took shape in 2016 with the groundbreaking of the Saint Phila Convention Hall, marking the rise of Lao Icon as a premier hospitality destination.

Our Milestones

Celebrating Years of Excellence and Achievements

2007

Mr. Sisombath established Sisombath Leasing Company.

2013

Mr. Sisombath established SP Real Estate.

2015

The inauguration of Sisombath Leasing HQ

2016

The construction of Sain Phila Convention Hall

2020

The completion of Sain Phila Convention Hall

2024

The opening of the new Sisombath Leasing Company HQ

Awards & Recognition

Recognizing Our Contributions to Business & Innovation

Illinois Young Entrepreneur of the Year 1999


Laotian Entrepreneur of the Year 2010

News & Events

Happy Lao New Year 2568
Sisombath Leasing Co., Ltd. wishes all our valued customers and employees a year filled with happiness, prosperity, and success. May these blessing be with you and your loved ones throughout the year and beyond.
BeerLao Partner Club 2025
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Vientiane Christmas of Love Festival
It took us a year of dedicated preparation to organize this two-day concert at Saint Phila Convention Hall. Approximately 17,000 attendees experienced the event, which was graced by the presence of our esteemed guest of honor, H.E. Mr. Franklin Graham.

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