Laos attracts investment of about US$37bil since opening up

From 1989 to 2019 the total number of investment projects was 6,144, with an overall investment value of $36.8 billion, according to figures released recently by the Ministry of Planning and Investment, local daily Vientiane Times reported on Thursday .

Among the other top foreign investors from 1989 to 2019 were South Korea, France, the United States, Japan, Malaysia and Australia. The second sector attracting a significant amount of funding during this period was mining, with total investment of $7.5 billion. Other sectors attracting high levels of investment were services, agriculture, industry, and handicrafts.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chinese investment in US drops to lowest level since global financial crisis | Malay MailWASHINGTON, May 12 — Chinese investment in the United States dropped to US$5 billion (RM21.65 billion) in 2019, a slight decrease from a year earlier and the lowest level since the global financial crisis a decade ago, according to a new analysis by the US-China Investment Project. The analysis...
Source: malaymail - 🏆 1. / 86 Read more »