Archive for the ‘Investment and concessions / ການລົງທຶນ ແລະ ການສຳປະທານ’ Category
February 14th, 2012
Vientiane Times, February 14, 2012
A government report disclosed last week that 93 percent of the total value of Vietnamese investment in Laos lies in eight provinces in central and southern Laos.In total, Vietnam has investments in 16 of the 17 provinces in Laos, including the capital. The report stated that as of December 2011, the Lao government had approved 207 investment projects with total registered capital of US $3.4 billion.
February 13th, 2012
Vientiane Times, February 13, 2012
The Lao government has given permission for the Vietnam Chemical Group (Vinachem) to excavate and process potassium in Khammuan province. Dr Bounthavy Sisouphanthong signs the agreement with Mr Nguyen Dinh Khang, witnessed by Lao President Choummaly Sayasone and Vietnam President Truong Tan Sang and other high-ranking officials from Laos and Vietnam.
According to a Vietnam News report, the Vinachem group will invest US $450 million in the project in Nongbong village, Thakhek district, to extract and process potassium, which is also known as kali salt. The Vietnamese company plans to excavate potassium in a 10 square kilometre area, with a concession period of 20 years which can be extended for another five years.
February 13th, 2012
Vientiane Times, February 13, 2012
Vietnam’s investment in Laos is on track to keep the country atop the list of foreign countries doing business in Laos, which Laos fully supports. Laos will continue to support Vietnam’s bid to maintain this ranking over the next 3 to 5 years, it was revealed at a meeting held in Champassak province on Friday.
February 9th, 2012
Vientiane Times, February 9, 2012
The Phouphieng Mineral Export-Import Sole Company is teaming up with the Mekong Mining Company to study the possibilities for bauxite and potassium mining and hydropower in Laos. A Memorandum of Understanding was signed on Tuesday in Vientiane between Phouphieng Company President Mr Vilaysith Liumxayachak and Mekong Mining Company President Mr Andrew Kent. Officials from both sides attended, along with the Vice President of the National Science Council, Dr Maydom Chanthanasinh.

Posted in English Language / ພາສາອັງກິດ, Investment and concessions / ການລົງທຶນ ແລະ ການສຳປະທານ, Mining and energy / ບໍ່ແຮ່ ແລະ ພະລັງງານ 
Tags: Attapeu, bauxite, Bolikhamsay, Champasak, Mekong Mining Company, Phouphieng Company, potassium, Savannakhet, Sekong
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February 2nd, 2012
Vientiane Times, February 2, 2012
The Land Natural Resources Information Research Centre is reviewing the effectiveness of land use policies, to ensure that both project investors and local communities benefit from industrial plantations and other concessions. The land policies to be reviewed include the ‘2+3′ system in which an investor provides the funding, materials and technical and marketing support required to grow a specific crop, while farmers provide the necessary land and labour. In such a system, the project investor buys the crop from the farmers who grow and harvest it.
January 30th, 2012
Vientiane Times, January 30, 2012
A Japanese investor, Oji Lao Plantation Forest Company, signed an agreement in Vientiane on Friday to expand its concession of state-owned land on which to plant industrial trees in Borikhamxay and Khammuan provinces. The agreement, signed with the Ministry of Natural Resources and Environment, extends the land concession from 22,434 to 50,000 hectares.

Posted in English Language / ພາສາອັງກິດ, Investment and concessions / ການລົງທຶນ ແລະ ການສຳປະທານ, Rubber, bio-fuel and other commodities / ຢາງພາລາ, ເຊື້ອໄຟຊີວະພາບ ແລະ ສິນຄ້າອື່ນໆ 
Tags: acacia, Bolikhamsay, eucalyptus, forest cover, Khammouane, MoNRE, Oji Paper
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January 24th, 2012
Vientiane Time, January 24, 2012
Agroup of Japanese investors has urged the government to make clearer its ruling on the change of land classification fee to ensure it is effective and just.The investors want the government to amend Presidential Decree No. 03 on state service fees, particularly regarding the fee for changing land classification from agricultural land to industrial land.

Posted in English Language / ພາສາອັງກິດ, Investment and concessions / ການລົງທຶນ ແລະ ການສຳປະທານ, Laws, policies and regulations / ກົດຫມາຍ, ນະໂຍບາຍ ແລະ ຂໍ້ກຳນົດ 
Tags: agricultural land, commercial land, industrial land, land classification, land price, land taxes and fees, MoNRE
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January 23rd, 2012
Vientiane Time, January 23, 2012
The government will confiscate land from investors if they fail to develop the land in accordance with the agreed concession timeframe. The Ministry of Natural Resources and Environment made the statement at the 5th Lao-Japan Public Private Joint Dialogue held in Vientiane last month, in response to Japanese investors who asked the government to explain land concession procedures.
January 12th, 2012
Vientiane Times, January 12, 2012
The government has given permission for the Hoang Anh Gia Lai Joint Stock Company (HAG) of Vietnam to conduct an exploration survey forcopper deposits on 92 square kilometres of land in Lamam district of Xekong province. A Memorandum of Understanding for the survey was signed in Vientiane on Saturday by Lao government officials and HAG representatives, witnessed by leaders from both countries.

Posted in English Language / ພາສາອັງກິດ, Investment and concessions / ການລົງທຶນ ແລະ ການສຳປະທານ, Mining and energy / ບໍ່ແຮ່ ແລະ ພະລັງງານ 
Tags: copper, gold, HAGL, investment, Ministry of Planning and Investment, Savannakhet, Sekong, Vientiane, Vietnam
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January 12th, 2012
Vientiane Times, January 12, 2012
 Timber is one of the top foreign exchange earners for Laos, alongside mining, electricity and tourism.
The European Union funded survey shows that timber was still one of the top foreign exchange earners for Laos in fiscal year 2010/2011. Other top foreign exchange earners were mining products, electricity, tourism, garment products, and cash crops. The survey, which was made possible with cooperation from the Ministry of Agriculture and Forestry, identified the major importers of Lao timber as Thailand with trading value of about US$22 million, Vietnam with trading value of US$11 million, and Japan with trading value of US $4.5 million. The European Union and Australia also imported Lao timber products worth US$147,579 and US$151,691 respectively.
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