Top 10 Foreign investment in Laos 2008

The total foreign investment in Laos has reached 6 billion USD, the Ministry of Industry and Trade of Laos reported.

Top 10 list of foreign investors in Laos is as follows:
1. Thailand, (1.355 billion USD in 169 projects)
2. China, (1.138 billion USD in 237 projects)
3. Viet Nam (535.7 million USD in 120 projects)
4. France (428.2 million USD in 58 projects)
5. Japan (420.3 million USD in 33 projects)
6. India (350.2 million USD in 3 projects)
7. Australia (330.8 million USD in 27 projects)
8. South Korea (294.4 million USD in 105 projects)
9. Malaysia (135.2 million USD in 33 projects)
10. Singapore (101.1 million USD in 22 projects)

Other countries that showed high foreign investment in Laos include Canada (ranking 11), Swizerland (ranking 12), England (ranking 13), Russia (ranking 14), Norway (ranking 15), Taiwan (ranking 16), United State (ranking 17), Germany (ranking 18), Poland (ranking 19), Italy (ranking 20)

Lao agencies attributed increases in foreign investment to the country’s open policy and political stability.

According to the Department of Foreign Investment Promotion and Management under the above ministry, investors from 37 countries and territories have invested in 1,031 projects in Laos.

Source: kpl and ecom