Lao Deputy Minister of Planning and Investment Khamlien Pholsena

InvestmentsRules and Law

Lao Amended Investment Law Shortens Concession Period

Amendments to the Investment Promotion Law has shortened investment concession periods to ensure closer scrutiny of investors’ operations, Lao state-run daily Vientiane Times reported on Monday.
A draft amendment to the law, which was passed by Lao National Assembly (NA) last week, shortens the investment concession period from 99 years to 50 years, a change that was widely welcomed by NA members during ….

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