Vietnam led other foreign investors in the Laos capital city of Vientiane during the 2006-2010 period with more than 1.5 billion USD in 162 projects.
It was followed by China , which has poured 705 million USD in 242 projects and Thailand , with 411 million USD.
The figures have been released recently by the Vientiane Department of Planning and Investment.
In the reviewed period, Vientiane attracted 1,052 foreign-invested projects with a combined capital of 3.5 billion USD, an 80 percent surge over the previous five-year period.
The Vientiane administration expects to lure more foreign investors with new amendments in the country’s Investment Law, including tax reduction and the granting of land ownership to developers of prioritised housing projects./.
It was followed by China , which has poured 705 million USD in 242 projects and Thailand , with 411 million USD.
The figures have been released recently by the Vientiane Department of Planning and Investment.
In the reviewed period, Vientiane attracted 1,052 foreign-invested projects with a combined capital of 3.5 billion USD, an 80 percent surge over the previous five-year period.
The Vientiane administration expects to lure more foreign investors with new amendments in the country’s Investment Law, including tax reduction and the granting of land ownership to developers of prioritised housing projects./.
