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Laos, land of great business opportunities, amazing culture and awesome landscapes



Despite the fact that, only nearly 4.01 percent of the country is arable land, Laos is a land of agriculture, mineral resources and amazing landscapes with Buddhist culture and colonial architecture as main attractions for tourists.
The Laos is a dynamic country constituting a market of +6 million consumers with a growing middle class capable to consume.
Belonging to the Southeast Asia region, the Lao economy depends heavily on investment and trade with its neighbours, Thailand, Vietnam, and, especially in the north, China.
In 2012, the government initiated the creation of the Laos Trade Portal, a website incorporating all information traders need to import and export goods into the country.
In 2016, China was the biggest foreign investor in Laos' economy, having invested in US$5.395 billion since 1989, according to Laos Ministry of Planning and Investment 1989–2014 report. Thailand (invested US$4.489 billion) and Vietnam (invested US$3.108 billion) are the second and third largest investors respectively.
Rice dominates agriculture, with about 80 percent of the arable land area used for growing rice.

Tourism is the fastest-growing industry in the country. Laos is rich in mineral resources and imports petroleum and gas.
Metallurgy is an important industry, and the government hopes to attract foreign investment to develop the substantial deposits of coal, gold, bauxite, tin, copper, and other valuable metals.
The country's plentiful water resources and mountainous terrain enable it to produce and export large quantities of hydroelectric energy.
The country's most widely recognised product may well be Beerlao which is exported to many developed countries around the world such as the US, British, Germany, Japan, South Korea including neighbours Cambodia and Vietnam. It is produced by the Lao Brewery Company.


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