Event: Country Safeguard Systems: Southeast Asia LAO: Law on the Promotion of Domestic Investment 2004 22 October 2004 View File The Law on the Promotion of Domestic Investment in the Lao PDR defines the principles, regulations and measures for the promotion, protection and management of domestic investment in order to encourage all economic sectors, and to make efficient use of investment sources, resources, and labor and intellectual resources within the country to increase the effectiveness of production forces, to support gradual industrialization and modernization, to contribute to the improvement of the livelihood of the public and to develop the country to be strong and wealthy. Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Download Topics Capacity Development