Vietnam, Thailand top Laos FDI
- Published: 13 Feb 2013 at 15.34
- Online news:
Vietnam leads all foreign investments in Laos, followed by Thailand - with mining becoming the most popular sector for foreign investors, according to the Lao government
The Lao Ministry of Planning and Investment said Vietnam invested in 429 projects in Laos, worth about US$4.9 billion (147 billion baht) from 1989 to 2011, followed by Thailand, which invested in 742 projects worth $4 billion, The Vientiane Times reported on Tuesday.
China came third with 801 projects, with a combined value of $3.9 billion. Other leading investors included South Korea, France, Malaysia, Japan, India, Singapore and the United States.
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