Policy Towards Foreign Direct Investment in Laos: Essence, Attractive and Problematic Features, and Impacts

Abstract

This research delves into Laos' economic transformation from a closed system to an open market, attracting significant foreign direct investment (FDI) post-1986. Despite challenges like regulatory ambiguities and administrative inefficiencies, FDI, especially in sectors like hydro energy and mining, has markedly boosted Laos' GDP and employment opportunities.