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Laos becomes attractive to Japanese investors

Laos has become more attractive to Japanese investors as they are moving manufacturing facilities to the country to take advantage of its political stability.
Laos becomes attractive to Japanese investors ảnh 1Lao labourers working at a Japanese company in Vientiane (Source: asia.nikkei.com)
Vientiane (VNA) – Laoshas become more attractive to Japanese investors as they are movingmanufacturing facilities to the country to take advantage of its political stability.

Last year, more than 130 Japanesefirms operating in industry, farming and commerce relocated their productionlines to Laos.

First Secretary of the Japaneseembassy in Laos Yoko Putamoto said Japanese investors are interested in Laos’ potentialstrength in clean agriculture, electricity, small industry, among others.

However, other Japanese enterprisesremain hesitant due to cumbersome administrative procedures, limited transportinfrastructure and human resources, she said.-VNA
VNA
#Laos#Japanese investors#attractive
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