«½¹­ö­Ä¡¦º­ ²ö´¸ò¹¾­ ®.²­²½À­ö¾ ´.ħÀ¦©«¾ Kaisone Phomvihane Ave., Xaysettha Dist, Vientiane Tel: +856-21-453 312-14 Fax: +856-21-452 580 E.mail:

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Presentation transcript:

«½¹­ö­Ä¡¦º­ ²ö´¸ò¹¾­ ®.²­²½À­ö¾ ´.ħÀ¦©«¾ Kaisone Phomvihane Ave., Xaysettha Dist, Vientiane Tel: Fax: E.mail: website: ®ñ­¨¾¨Â©¨ : £½­½§š­¿ì¸´ 5 September 2010 Kissana Vongsay

Kaisone Phomvihane Ave., Xaysettha Dist., Vientiane, Lao PDR Tel: Fax: website: Lao Economic and achievement of National Social-Economic Development Plan

Kaisone Phomvihane Ave., Xaysettha Dist., Vientiane, Lao PDR Tel: Fax: website: Lao PDR–Strategic Location  Laos is at the centre of the GMS, consisting of Cambodia, Myanmar, Thailand, Vietnam, and Yunnan province of China. ◦ It is the only country bordering all the other countries in the sub- region. ◦ More than 70% of international trade in Laos - except air freight - is cross-border trade ◦ 50% of the Lao population lives in border districts.

Kaisone Phomvihane Ave., Xaysettha Dist., Vientiane, Lao PDR Tel: Fax: website: Advantages: Comparative Advantages: Rich in natural resources High economic growth rates Good business climate and business confidence Large Area of Fertile Agricultural Land Growing tourism Infrastructure projects Little competition in many industries Good opportunities for machine building and civil engineering companies (among other equipment for hydro power plants, textile industry etc.) Virtually no damaging natural disaster Reliable energy supply Decent living conditions for foreign experts and managers (exception: health care)

Kaisone Phomvihane Ave., Xaysettha Dist., Vientiane, Lao PDR Tel: Fax: website: Advantages: Competitive Advantages : One of the most Politically Stable Country in the Region Socio-Economic and Financial Stability Business friendly laws and continuation of economic reforms High Security (Low Crime Rate) Privileged access to the EU market Low Labor Costs GSP Privileges given from 42 countries Liberal Laws and Regulations creating favorable business and investment environments

Kaisone Phomvihane Ave., Xaysettha Dist., Vientiane, Lao PDR Tel: Fax: website: Lao PDR: Business Opportunities Tourism Construction and civil engineering incl. infrastructure Power generation and sales of equipment Mining, sales of mining equipment Environmental Technologies Communication sector Textile industry (special textiles) Agro processing Logistics Etc.

Kaisone Phomvihane Ave., Xaysettha Dist., Vientiane, Lao PDR Tel: Fax: website: Challenging Small domestic market with limited mass purchasing power Moderate level of vocational skills Land locked (land linked?) country with sometimes poor infrastructure beyond the main roads resulting in high transportation cost Topography detrimental to traffic and low population density Banking system and financial system are still developing

Kaisone Phomvihane Ave., Xaysettha Dist., Vientiane, Lao PDR Tel: Fax: website: Lao PDR: Advocacy and Promotion of Interest of the Business Sector High Level Consultations Regular meetings with Prime Minister’s Office Addressing strategic issues of national concern Lao Business Forum Regular meetings with ministries Addressing issues of implementation of laws and policies on national level and regarding overarching issue s Provincial Public Private Dialogue (PPPD) Meetings between representatives from administration and business Addressing issues regarding implementation of laws on provincial level So far limited to 6 provinces Lao-Thai Business Association Addressing strategic issues faced by business of two countries Promoting Thai-Lao bilateral Economic, Trade and Investment cooperation Promoting culture, education, sport, tourism and others of two countrie s

Kaisone Phomvihane Ave., Xaysettha Dist., Vientiane, Lao PDR Tel: Fax: website: Thank You For Your Kind Attention LNCCI Address and Contact Numbers Phonphanao Village Kayson Phomvihane Avenue Saysettha District P.O.Box 4596 Vientiane Capital, Lao PDR Tel: ( ) , Fax: ( ) Web site: