The Fiji Times » Transformational journey of Investment Fiji fijitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fijitimes.com Daily Mail and Mail on Sunday newspapers.
VIENTIANE (Vientiane Times/Asia News Network): Developing a holistic investment strategy along with continued regulatory reforms will help Laos attract more diverse and higher-quality foreign direct investment (FDI), a new report suggests.
The approach will allow Laos to expand its economy, generate more jobs, and achieve shared prosperity, according to the report, which was published by the International Finance Corporation, a member of the World Bank Group.
The report was presented at an online meeting on Thursday (Feb 18), chaired by Deputy Prime Minister and Minister of Planning and Investment, Dr Sonexay Siphandone.
Conducted in partnership with the government of Japan, the report titled ‘Investment Reform Map for Laos A Foundation for a New Investment Policy and Promotion Strategy’ lays out a proposed action plan for targeted reforms to realise the positive impact of FDI on the local economy.