WHERE TO INVEST

Vientiane province

Executive Summary, Vientiane Province

Nam Ngum Dam Reservoir

 

Vientiane Province should not be confused with Vientiane Municipality, which is the capital of Laos. These two jurisdictions used to be part of one another until 1989 when they were split.

 

Located in the northwest of Laos, Vientiane Province borders Sayabouli Province to the west, Luang Prabang Province to the north, Xiangkhoang Province to the northeast, Bolikhamxay Province to the east, and Vientiane Municipality and Thailand to the south. Its ten districts spread over a total land area of 15,927 km2. Phone Hong, about 70 kilometers north of Vientiane Capital, is the province’s capital.

According to the 2014 census, the province’s population is 473,000 (female: 233,000).

 

Vientiane Plain which covers Vientiane Province and Vientiane Municipality is the largest plain in the country. Situated in the lower reaches of the Nam Ngum River Basin, it is one of the nation’s largest food production hubs. The province has a total rice production land area of 66,768 hectares which yields approximately 269,960 tons of rice a year. Other popular crops and produce in Vientiane Province include corn, Job’s-tears, cassava, bananas, limes, cucumbers, sweet tamarin, tobacco, and watermelons.

By 2009, the province had granted nearly 300,000 hectares of land concessions to foreign investors or joint ventures in mining, agro-fuel, rubber, wood, food and other investment sectors[1]. Some notable projects are gold and silver mining of Phu Bia Mining Co.; lignite mineral exploration of Lanexang Economic Development Co., Ltd.; and several Jatropha plantations of KoLao Farm Co., Ltd.

 

In its 8th Five-Year Development Plan (2016-2020), the Lao government encourages more sustainable agricultural productions that link to processing. Vientiane is among the chosen provinces for agro-processing industry. Production centers have been founded for crop seeds and animal breeders. The goals are to scientifically promote good seeds that yield short-lived crops as well as to boost economic plants and animals. A number of fishery demonstration centers and fresh water fish breed production centers have been constructed to meet the market demand within the province and surrounding areas. The government also plans to construct handicraft centers for bamboos and rattan weaving in the province to produce commercial goods. Other government’s ambitions for Vientiane Province from 2016 to 2020 are to develop chemical plants such as chlorides, sodium salt, alkali, and kali fertilizer and to explore more electricity generation potentials.

The Lao government is committed to environmentally and socially sustainable development.  Therefore, investor(s) will be required to complete either an Initial Environmental Examination (IEE), for smaller projects with minimal impacts, or an Environmental and Social Impact Assessment (ESIA), for larger projects that involve the public participation and seeks to mitigate negative impacts while maximizing benefits.

Vientiane Province is blessed with many attractive sites. The heaven-on-earth beauty of Vang Vieng, the big, open sky and vast freshwater of Nam Ngum Dam Reservoir, the magnificent sight of Phu Khau Khouay Mountain, to name a few. Tourism in Vientiane Province, especially in Vang Vieng, has skyrocketed in the past decade. Accordingly, accommodation services have been expanded and improved to meet the demands. As of 2014, there are 13 hotels, 272 guesthouses, 208 restaurants, and 26 nightclubs operating throughout Vientiane Province. The province’s natural resource abundance, good road conditions, and close proximity to the nation’s capital make it a desirable investment destination for domestic and foreign investors.

 

Disclaimer:

The information in this document (including but not limited to, photographs, descriptions, tables, projections and prices) are for guidance only. While every effort has been made to offer current and reasonable estimates, errors can occur. The investment promotion department of the Ministry of Planning and Investment makes no warranties or representations as to the accuracy, correctness, reliability or otherwise with respect to such information, and assumes no liability or responsibility for any errors or omissions in the content contained in this document. Within this document you may find links or references to third party material and third party web sites. The IPD accepts no liability in respect of the contents of such material or sites. The IPD should not be taken to be endorsing, publishing, permitting or authorizing such materials or sites. The IPD may revise the information and resources contained in this document from time to time and reserves the right to make such changes without any obligation to notify past, current or prospective visitors to this document.

The content relating to the potential performance of an investment is not necessarily a guide to its performance in the future. The value of investments or income from them may go down as well as up. Prices quoted is based on US dollars when the document was created.

The information contained in this document should not be construed as financial, tax, legal or any other professional advice or service. You are advised to consult a financial and/or legal professional advisor from suitably regulated sources.

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  Investment Profile Project
 
1  Executive Summary Vientiane Province
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2  Industrial Rice Farming in Thoulakhom Download
3  Muang Meun Water Supply Plant Download
4  Nam Lik Dam 1 2 Tourism Development Project
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5  Organic Vegetable Farm   Download
6  Sanakham Border Checkpointn Trade Center Download
7  Vientiane Province Industrial Park Download

 

 

Contact:

For more information such as: investment policies, private domestic and foreign investment procedure on concession business and Investment application forms, Please contact:

Department of Planning and Investment,

Vientiane Province, Lao PDR.

Tel: 856-23-400 155 email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

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Last update: 22 September 2017.