Abstract Laos is a Least Developed Country (LDC) with GDP per capita of US$580 in 2007. 34 percent of the population lives below the poverty line. On the other hand, Laos is ranked as one of the most resource-rich countries in Asia; more than 570 mineral deposits have been identified, including gold , copper, zinc and lead. In order to use this mining potential to promote economic development, the Lao government allows Foreign Direct Investment (FDI) in this sector. Although Laos has abundant mining resources, there are some constraints in terms of geological information, laws, and the licensing process. In addition, institutional capacity is weak compared to neighboring countries. Therefore, the main objectives of this pare are to give an overview of policy framework, the current situation, and issues related to FDI in the mining sector, and to identify the challenges and opportunities awaiting Japanese investors in the mining sector. Japanese investors face the same challenges as investors from other countries, but they also have significant opportunities to benefit from Laos’ high potential for mining deposits and prospect.
Introduction .........................
----------------------------------------- *Associate Professor at the Faculty of Economics and Business management, National University of Laos. Comments should be sendto:Mr. Phouphet Kyophilavong, Faculty of Economics and Business Management, National University of Laos. P.O.Box 7322, Laos,Tel: +(856) ……."
Abstract Laos is a Least Developed Country (LDC) with GDP per capita of US$580 in 2007. 34 percent of the population lives below the poverty line. On the other hand, Laos is ranked as one of the most resource-rich countries in Asia; more than 570 mineral deposits have been identified, including gold , copper, zinc and lead. In order to use this mining potential to promote economic development, the Lao government allows Foreign Direct Investment (FDI) in this sector. Although Laos has abundant mining resources, there are some constraints in terms of geological information, laws, and the licensing process. In addition, institutional capacity is weak compared to neighboring countries. Therefore, the main objectives of this pare are to give an overview of policy framework, the current situation, and issues related to FDI in the mining sector, and to identify the challenges and opportunities awaiting Japanese investors in the mining sector. Japanese investors face the same challenges as investors from other countries, but they also have significant opportunities to benefit from Laos’ high potential for mining deposits and prospect.
Introduction .........................
----------------------------------------- *Associate Professor at the Faculty of Economics and Business management, National University of Laos. Comments should be sendto:Mr. Phouphet Kyophilavong, Faculty of Economics and Business Management, National University of Laos. P.O.Box 7322, Laos,Tel: +(856) ……."
This makes Laos look like an African country. The country is rich in natural resources but most people are uneducated and poor. The country is waiting for other countries to come to exploit its resources.
Now look at Japan and Suth Korea. They are exactly the opposite of Laos.
ໄດ້ຍິນວ່າເພິ່ນຄົ້ນພົບບໍ່ອັນຍະມະນີຢູ່ແຂວງຫຼວງພະບາງ, ດີໃຈນໍາ
ພີ່ນ້ອງຊາວຫຼວງພະບາງທຸກຄົນເດີທີ່ຈະໄດ້ຜົນປະໂຫຍດຈາກບໍ່ອັນ
ຍະມະນີແຫ່ງນີ້.
