Foreword by Dr. Bounthavy Sisouphanthong

T

his new Investment Guide is a very comprehensive tool for the business, and investor community. Furthermore, the electronic guide has the advantage to be regularly updated to keep up with improvements and amendments in all sectors to help investors to start successful businesses in Lao PDR.

Investment has come to be widely recognized over the past decade as a major potential contributor to growth and development. In order to keep the GDP growth at a rate of 8% per annum during this 7th National Social and Economic Development Plan (2011-2015), the Lao PDR Government has made its utmost to attract foreign investments as well as domestic investment. The investment promotion is central in attracting investment, particularly foreign investment identified with capital, technology, know how and access to new markets.

I am confident that this investment guide will be of benefit to its users. Your feedback and comments are very welcome to further improve this investment guide. I would like to take this opportunity to express my thanks to ECCIL and GIZ-HRDME Programme for its support.

 

Dr. Bounthavy Sisouphanthong
Vice-Minister of Ministry of Planning and Investment

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