Vietnam Tops Foreign Investors in Laos
The Laos’ Ministry of Planning and Investment said Vietnam remained the largest foreign investor in Laos in the first fiscal quarter of 2009 (October 2008 to October 2009) with a total registered capital of US$87.7 million.
The runner-up is Thailand with US$48.8 million and China with US$9.2 million.
The latest statistics from Laos’s Ministry of Planning and Investment show that the country has attracted 1,173 projects worth US$7.1 billion from 36 countries and territories since 2001.
Thailand ranked first with 207 projects worth US$1.58 billion, followed by China with 285 projects worth US$1.32 billion and Vietnam with 169 projects worth US$811 million. Investment projects in energy account for the largest share with 42 projects worth US$3.335 billion, followed by agriculture with 191 projects worth US$960.1 million and mining with 162 projects worth US$763.3 million.
Tam Nhu