Chinese companies are currently investing in more than 900 development projects in Laos and have ploughed more than US$13 billion into these ventures, making China the top investor in Laos.
The figures were reported at a meeting of Lao government officials and Chinese business operators in Vientiane on Monday, chaired by Minister of Planning and Investment Mr Khamjane Vongphosy and Charge d’Affaires of the Chinese Embassy in Laos, Mr Wang Chang.
The meeting heard reports on the advantages, difficulties and recommendations of Chinese businesses in Laos and provided a platform for the two sides to share opinions and discuss ways to improve the business environment.
