Vietnam continues to lead foreign investment in Laos

(KPL) With 32 investment projects worth one billion USD in Laos, Vietnam continues to lead the field in foreign investment in the country during the first six months of the 2009 fiscal year.According to the latest figures from the Ministry of Planning and Investment, total investment in Laos over the past six months reached 3.4 billion USD spread amongst 116 projects, of which three billion USD was from Vietnam, China and Thailand.
Vietnamese investors are very keen to invest in the construction of five-star hotels, high-end apartments, golf courses, trade centres and resorts. Mineral exploitation is also high on the investors’ list.
Most Vietnam’s investment projects are located in the capital Vientiane and the provinces of Savannakhet and Champasak.