news-and-events

Government working with private sector to reduce barriers to investment in Savannakhet Province.

 

Vientiane, 24th February, 2015. Private investments are driving provincial socio-economic development in Savannakhet Province, with 36 per cent of total investment attributed to the private sector, according to the latest data from the Savannakhet Department of Planning and Investment Promotion. Savannakhet Province boasts investment opportunities in organic agriculture, food processing, tourism and education as well as Special Economic Zone opportunities. However, growth in private investment still faces significant policy, taxation and administrative hurdles.

Government working with private sector to reduce barriers to investment in Savannakhet Province.

 Laos and Korea organized a Laos-Korea Development Cooperation Forum 2012 in Vientiane Capital to encourage investments between two countries in December 13, 2012.

The forum was hosted by Korean Trade-Investment Agency (KOTRA) and Ministry of Knowledge and Economy (Republic of Korea) in cooperation with Ministry of Planning and Investment (Laos).

H.E Somsavat Lengsavad, Deputy Prime Minister of Lao PDR, H.E Somdy Douangdy, Minister of Planning and Investment and Lao delegations held the roundtable meeting with the Japan-Mekong Business Cooperation Committee (JMBCC) in October 8th 2013, Tokyo, Japan

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Last update: 22 September 2017.