Ives.......I can't help it!!!!!!7 Jan 2015 07:53
Mining investment in Laos is still the favorite of foreign investment
Published: 13:04:02 2015/1/4 13:04:02 Views: 19
Currently the mining industry in Laos is still in the early stages of development, because the lack of investment experience and technical expertise, the domestic development of mining projects are relatively small, mining exports are basically some of the more primary raw material products, but pay attention to mining development in Laos, very welcome foreign The co-investment, which can mutually beneficial, and promote sustainable development in the past few years, despite the Lao government has realized the need for sustainable development of resources and thus limit the disorderly development of minerals, but mining is still a popular investment industry, according to statistics of the Ministry of Planning and Investment of Laos, in 2012 the government approved the mining project 54, 2013 48, and this year as of October 13 mining projects approved only.
Most foreign investors in the mining business in Laos for the establishment of a joint venture, the joint venture investment in 2012 amounted to $ 310 million, domestic enterprises and government investment of $ 87 million US dollars, in 2013 the mining investment amounted to $ 1.18 billion total, of which joint venture to invest up to $ 1.07 billion, domestic investment was $ 103 million. Although the government has suspended mining investment incentives, aimed at the export market, but mining investment is still the preferred investment(http://www.getinews.com/). At present, Laos has awarded more than 200 mining licenses to foreign investors, involving oil, natural gas, lignite, gold as well as exploration and development of precious stones. In all investors, Chinese investors hold the highest proportion of the mining license, reaching 50.
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