JETRO and IDE-JETRO Propose Policy Recommendations for Enhancing Industry in Lao PDR

(Seminars' honorary guests,Mr. Daisuke Hiratsuka, Executive Vice President of JETRO; Dr. Bounthavy Sisouphanthong, Vice Minister of Planning and Investment; Professor Yasuhiro Yamada, Special Assistant to the President of ERIA on CLMV issues (from left to right))

On September 30, 2015, the Policy Recommendation Seminar to Government of Lao PDR “Enhancing Industry in Lao PDR: Services Liberalization, Simplification of Investment of Investment Procedures and Human Resource Development” was organized by JETRO, IDE-JETRO, ERIA and Ministry of Planning and Investment. This event welcomed about 100 guests from the Japanese Embassy, Ministries concerned and local University

On the remarks of Dr. Bounthavy Sisouphanthong, honorary guest of the seminar, it covered the 5 year Social and Economic Development Plan 2016-2020 and key targets that are needed. One of key elements is the contribution of the domestic and foreign investments. Thus, the Vice Minister was strongly encourage JETRO, IDE-JETRO and ERIA support the liberalization and improve the business environment. Thus, it would attract Japanese Investors and contribute to the development of the Lao PDR and embrace with the mutual benefits of both sides.

(The Group Photo Session attended by VIP guests from Ministry of Planning and Investment, JETRO, IDE-JETRO, ERIA and representatives from line ministries.)

This seminar is realized with further request by H.E. Mr. Thongsing Thammavong, Prime Minister of Lao PDR to Mr. Hiroyuki Ishige, President of JETRO, to break down the policy recommendations into more practical and pragmatic policies and to have a seminar for government officials of Lao PDR. Dialogue between the government officials of Lao PDR and JETRO/IDE-JETRO staffs was also hold in this seminar. The organizers shared the common expectation that the seminar would create realistic policy views, and help Lao PDR to graduate from the least developed countries in 2020.

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Last update: 04 July 2017.