LAO: Law on the Promotion of Domestic Investment
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.