News

Maximum concession period cut to half century in investment promotion overhaul

A newly-amended Investment Promotion Law has moved to cut by half the maximum investment period for new concession projects to 50 years, down from previous maximum period of 99 years. The move is aimed at maximising investment benefits for the Lao economy, an official from ...

SEZ management decree under scrutiny, aiming to draw more investors

The government is creating new decrees to ensure the sustainable development of Special Economic Zones in ways that yield strong benefits. Special Economic Zones are economic development areas set up to attract large-scale investors, both Lao and foreign, to spur economic growth and create job ...

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