ECCIL launches investment guide in Laos
ECCIL launches investment guide in Laos
The European Chamber of Commerce and Industry in Laos (ECCIL) launched an Investment Guide in Vientiane last Friday.
The guide will give a comprehensive overview of the Lao Business environment and help investors to understand the country's complex regulatory framework and how to deal with it.
Deputy Minister of Planning and Investment, Dr Bounthavy Sisouphanthong and German Ambassador to Laos, Mr Robert von Rimscha were joined by other officials at the ceremony.
Speaking at the event, Mr von Rimscha said “Laos offers plenty of investment opportunities, however, a new investment is a long-term commitment. Potential investors need to know the Lao business environment and its framework.”
He hoped that the Investment Guide which has been developed with German support will prove to be a useful tool by assisting companies in their decision-making process.
The Investment Guide for Laos is a practical tool for anybody who wants to start a business in the country.
The guide shows the country's dynamically developing economy, politically stable environment and unique geographic position which offer lucrative opportunities for international businesses in the different fields of agriculture, the resource sector, manufacturing and tourism.
The Investment Guide, which is available at ECCIL, analyses the country's growing infrastructure and business sectors, helping potential investors to identify opportunities for a market-entry and to determine where demand is rising.
The creation of the Investment Guide was supported by the Lao-German development cooperation programme for Human Resource Development for a Market Economy.
The programme is about improving the conditions for private sector development in Laos and cooperating closely with the Lao and the European Chambers of Commerce as well as with the Ministry of Planning and Investment.
vientiane times
