Sources : Lao National Chamber of Commerce and
S
LAOS
Overview Exhibition Industry and Land
of Ample Opportunities and Suc...
Sources : Lao National Chamber of Commerce and
Country Snapshot
S Land area:
S Population:
S Population density:
S Populat...
Sources : Lao National Chamber of Commerce and
Country
Snapshot
Lao PDR : Strategic
Location
S Laos is at the center of
GM...
Sources : Lao National Chamber of Commerce and
Overview exhibition in Laos
and Oversea
Domestic exhibition and cooperation...
Sources : Lao National Chamber of Commerce and
I.
International
Exhibition
S ACMECS: supported by
Thailand Government 7
ev...
Sources : Lao National Chamber of Commerce and
II. Highlight
Exhibition in
the Country
S in Laos-Thai exhibition
30/6-4/7/...
Sources : Lao National Chamber of Commerce and
III. Policy
Framework
S A fast growing economy with sustained
annual GDP gr...
Sources : Lao National Chamber of Commerce and
III. Policy
Framework
S To fasten and facilitate
investment procedures.
S T...
Sources : Lao National Chamber of Commerce and
IV. Why
invest in Lao
PDR
1. Political stability
2. High safety
3. Low risk...
Sources : Lao National Chamber of Commerce and
IV. Why invest in Lao PDR
Market access:
S Access to ASEAN market with more...
Sources : Lao National Chamber of Commerce and
IV. Why invest in Lao PDR
S Special Economic Zones:
S Government strongly e...
Sources : Lao National Chamber of Commerce and
IV. Why invest in Lao PDR
S Other incentives:
S Exemption from import dutie...
Sources : Lao National Chamber of Commerce and
No Country Projects Value of Investment
Approved Value (US$)
1 Vietnam 438 ...
Sources : Lao National Chamber of Commerce and
V. Sectors
Opportunities
Agriculture forestry
S Highest ratio of forest
are...
Sources : Lao National Chamber of Commerce and
V. Sectors
Opportunities
Tourism Sector
S Eco-Tourism
S Cultural Tourism
S ...
Sources : Lao National Chamber of Commerce and
V. Sectors
Opportunities
S Combined the domestic
investment law and foreign...
Sources : Lao National Chamber of Commerce and
Conclusion
S Lao PDR is endowed with rich
natural resources.
S Located in t...
Sources : Lao National Chamber of Commerce and
Conclusion
S Lao PDR is Least Developed
Country.
S Lao PDR is new member of...
Sources : Lao National Chamber of Commerce and
S
The most valued professional
trade exhibition organizer
in Asia Pacific
F...
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LAOs Overview Exhibition Industry and Land of Ample Opportunities and Successes

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LAOs Overview Exhibition Industry and Land of Ample Opportunities and Successes is presented by Ms. Ladda Mongkolchaiwiwat, GM - VNU Exhibitions Asia Pacific, prepared by Mr. Sarawut Burapapat, Strategic Communication Consultant - Market-Comms and sourced by Laos National Chamber of Commerce and Industry.

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LAOs Overview Exhibition Industry and Land of Ample Opportunities and Successes

  1. 1. Sources : Lao National Chamber of Commerce and S LAOS Overview Exhibition Industry and Land of Ample Opportunities and Successes
  2. 2. Sources : Lao National Chamber of Commerce and Country Snapshot S Land area: S Population: S Population density: S Population growth: S Labour Force: S Religion: S Currency: S Exchange rate: S Language: S 236,800 sq.k, S 6.9 million (2008) S 25 people/sq.km S 2.3% S 2.9 million S Buddhism S Lao Kip (LAK) S 8,000/USD S Official LAO Other language: Thai, French, English, Chinese and Vietnamese
  3. 3. Sources : Lao National Chamber of Commerce and Country Snapshot Lao PDR : Strategic Location S Laos is at the center of GMS consisting of Cambodia, Myanmar, Thail and, Vietnam and Yunnan province of China. S It is the only country bordering all the other countries in the sub- region. S More than 70% of international trade in Laos except air freight is cross- border trade S 50% of the Lao population lives in border districts.
  4. 4. Sources : Lao National Chamber of Commerce and Overview exhibition in Laos and Oversea Domestic exhibition and cooperation S Total 98 Events including around countries S Some event we organize in the provinces open air, LAO- ITEC in Vientiane and ITEC in other province S 3 Events cooperation with Lao-Thai and Lao-Vietnam Exhibition and most of event we coordinate with LNCCI to encourage the potential business to join S In the strategy of our department have target to create exhibition and training center in 3 parts of Laos to facilitate for our business to upgrade their capacity on trade
  5. 5. Sources : Lao National Chamber of Commerce and I. International Exhibition S ACMECS: supported by Thailand Government 7 events a year in Bangkok, total 6 booths / event and one leader from government official S Cooperation with ASEAN Japan Center: supported 3 event/year and held National Activities S Cooperation with ASEAN Korea Center supported 3 event/year and one workshop and site visit in Seoul S China ASEAN EXPO: one time a year
  6. 6. Sources : Lao National Chamber of Commerce and II. Highlight Exhibition in the Country S in Laos-Thai exhibition 30/6-4/7/2012 at LAO – ITEC Vientiane (around 400 booths) S Lao Handicraft Festival 1- 7 /11/2012 at LAO – ITEC Vientiane S Laos-Vietnam exhibition 29/11-2 /12/ 2012 at LAO – ITEC Vientiane
  7. 7. Sources : Lao National Chamber of Commerce and III. Policy Framework S A fast growing economy with sustained annual GDP growth over 6% in past two decades. S National policy identifies quality investments to drive sustainable development and a diversified economy : S 1) The National Socio-Economic Development Plan (NSEDP) 2011-15: targets at least 8% annual GDP growth, 60% of which will be from private investments S 2) The NSEDP also focuses on the quality of growth, particularly on sustainable land and resource use, environmental management and increasing resource use efficiency S 3) Manufacturing, services, tourism and construction sectors are expanding fast S Strong policy framework creates an enabling environment for private investments: recently revised Decree on Investment Promotion 2011 Good policy framework:
  8. 8. Sources : Lao National Chamber of Commerce and III. Policy Framework S To fasten and facilitate investment procedures. S The Government is creating a favorable business environment that is responsive to private sector needs. S One Stop Service brings together representatives from all key ministries to facilitate investment applications and business start-up One stop service unit:
  9. 9. Sources : Lao National Chamber of Commerce and IV. Why invest in Lao PDR 1. Political stability 2. High safety 3. Low risk from natural disasters 4. Low labor cost Country of rich natural resources: Fertile land, Minerals, Water, fores t, giving development potential in agriculture, mining & hydropower. Comparative & Competitive Advantages:
  10. 10. Sources : Lao National Chamber of Commerce and IV. Why invest in Lao PDR Market access: S Access to ASEAN market with more than 500 million inhabitants including southern part of neighboring China. S Connects Vietnam and Thailand through the East-West Corridor with Special Economic Zone in Savannakhet acting as a trade and service center. S Unilateral Trade agreements with 39 countries including countries in EU, Japan, Canada, Australia, India, China and South Korea. S Bilateral investment treaties with more than 25 countries from Europe to Asia S Easy regional access with regular direct flights to the major hubs of Bangkok, Hanoi, Kunming, Kuala Lumpur and Singapore.
  11. 11. Sources : Lao National Chamber of Commerce and IV. Why invest in Lao PDR S Special Economic Zones: S Government strongly encourage investors to develop: S Special economic zone Export Processing zone Industrial Park Tourism zone Duty free zone ICT Zone, and Others zone S Existing Zone in Lao PDR: S Savan - SENO Economic Special Zone ( Savanhnakhed Province ) S Boten Den Kham Economic Special Zone ( Luangnamtha Province ) S Dokyil Kham Economic Special Zone ( Bokeo Province )
  12. 12. Sources : Lao National Chamber of Commerce and IV. Why invest in Lao PDR S Other incentives: S Exemption from import duties and taxes on raw materials and capital equipment's using for production. S Exemption from export duty on export products. S Tax holidays offered up to 10 years. S Additional tax holidays, reduced tax rates for large projects with special concession are available upon negotiation. S Special treatment for healthcare and education service.
  13. 13. Sources : Lao National Chamber of Commerce and No Country Projects Value of Investment Approved Value (US$) 1 Vietnam 438 4,854,805,514 2 Thailand 750 4,027,135,894 3 China 806 3,336,870,043 4 Korea 287 619,928,170 5 France 226 508,319,743 6 Malaysia 97 417,937,461 7 Japan 106 414,937,461 8 Australia 90 391,678,812 9 Norway 6 358,265,000 10 India 22 150,604,702 IV. Why invest in Lao PDR
  14. 14. Sources : Lao National Chamber of Commerce and V. Sectors Opportunities Agriculture forestry S Highest ratio of forest area S Suitable land for various tree Plantation S Large stands of tropical hardwoods including teak and rosewood S Plenty of productive land The government is now promoting the contract farming instead of granting concession over large area of land for agriculture and tree plantation
  15. 15. Sources : Lao National Chamber of Commerce and V. Sectors Opportunities Tourism Sector S Eco-Tourism S Cultural Tourism S Agro-Tourism Tourism Business is now opened to FDI with Foreign Equity of up to 70% Several natural tourist sites are welcoming FDI
  16. 16. Sources : Lao National Chamber of Commerce and V. Sectors Opportunities S Combined the domestic investment law and foreign direct investment law into one to create a “level playing field” for both domestic and foreign investors; S Shorten procedures to open new businesses; S No terms of investment for promoted activities; S Extended Investment incentives: Education and Health care sectors are top priorities; S Foreigners can have access to local financial sources; S Foreign Invested Companies can own a piece of land for building their residences (Certain conditions to be applied); S Foreigners can invest in the real estate sector; S Promotion of the development of SEZ and Industrial Park. New Feature of Investment Law
  17. 17. Sources : Lao National Chamber of Commerce and Conclusion S Lao PDR is endowed with rich natural resources. S Located in the center of the GMS, and linking 6 countries. S Potential for investment in many sectors, including Processing & Manufacturing industries, Mining industries, Handicrafts & Electricity industry S The government of Lao PDR has a strategy to attracting foreign investment. S Legal & Financial environments are favorable for private/foreign investment. S Industrial, Agro-Forest Processing & Tourism sectors development with private & foreign investment can provide a source of revenue, raising living standards and generating economic development and employment.
  18. 18. Sources : Lao National Chamber of Commerce and Conclusion S Lao PDR is Least Developed Country. S Lao PDR is new member of ASEAN. S Lao PDR gets GSP from 44 countries. S In Lao PDR there are both opportunities & challenges for business. S There is no ready business for foreign investors to buy or take-over. S Foreign investors have to create business by themselves.
  19. 19. Sources : Lao National Chamber of Commerce and S The most valued professional trade exhibition organizer in Asia Pacific For more information please contact VNU Exhibitions Asia Pacific 195 Empire Tower, 23rd Floor, Room no. 2307, South Sathorn Road, Yannawa, Bangkok, Thailand Tel. : +662 670 0900 Fax : +662 670 0908 Email : info@vnuexhibitionsap.com Website : www.vnuexhibitionsap.com

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