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OECD Investment Policy Reviews: Lao PDR

image of OECD Investment Policy Reviews: Lao PDR

This first OECD Investment Policy Review of Lao PDR uses the OECD Policy Framework for Investment to assess the investment climate in Lao PDR and discusses the challenges and opportunities faced by the Government of Lao PDR in its reform efforts. It includes chapters on trends in foreign investment and trade, the legal framework for investment, regulatory restrictions on foreign investment, corporate governance, investment promotion and facilitation, promoting and enabling responsible business conduct, infrastructure connectivity and the investment framework for green growth.

English

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Investment promotion and facilitation in Lao PDR

This chapter provides an assessment of the investment promotion and facilitation framework in the Lao People’s Democratic Republic (Lao PDR). It examines existing strategies and institutions governing investment promotion and facilitation with a particular focus on the Investment Promotion Department. It highlights key reforms and remaining challenges to improve the business environment and attract foreign investment to diversify the economy, including in special economic zones. It also provides recommendations on the investment incentives regime as well as on measures to encourage business linkages with small and medium-sized enterprises and other policies to maximise investment spillovers.

English

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