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Land of Ample Opportunities and Successes

LAO PDR :  a Strategic Location

Laos is at the center of the GMS, consisting of Cambodia, Myanmar, Thailand, Vietnam and Yunnan province of China.

It is the only county bordering all the other countries in the sub-region.

More than 70% of international trade in Laos (except air freight) is cross border trade

Good Policy Framework

A fast growing economy with sustained annual GPD growth over 6% in the past two decades

National policy identifies quality investments to drive sustainable development and a diversified economy :

The National socio-Economic Development plan (NSEDP) 2011-2015 targets at least 8% annual GPD Growth, 60% of which will be from private investments

The NSEDP also focuses on the quality of growth, particularly on sustainable land and resource use, environmental management and increasing resource use efficiency

Manufacturing, Services, Tourism and Construction sectors are expanding fast

Strong policy framework creates an enabling environment for private investments : recently revised decree on investment promotion 2011

One Stop Service Unit

To fasten and facilitate investments procedures

The government is creating a favorable business environment that is responsive to private sectors needs

One Stop Service brings together representatives from all key ministries to facilitate investments applications and business start-ups