Bordering China, Cambodia, Vietnam, Myanmar and Thailand, Laos is an important logistics hub which enjoys strategic geographical advantages within Southeast Asia.
Rich in natural resources including water, forests, and mineral resources, Laos has made good economic and development progress over the past two decades and ranks amongst the fastest growing economies in the world.
Having relied heavily on its natural resources for growth to-date, Laos’ current socio-economic development plan encourages measures which support green and sustainable development. The government encourages private sector participation and welcomes foreign investment to help it achieve its green agenda.
Laos is a key jurisdiction for the Belt and Road Initiative. In common with other jurisdictions in the region, Laos has also seen the involvement of various multilateral development and export credit agencies, working with government and private sector participants and creating an increasing array of opportunities for international investors and service providers, not least in the infrastructure sector.
The King & Wood Mallesons Laos CloudOffice leverages the firm’s global platform and experience in advising businesses on areas including energy and infrastructure project development, cross-border investment and financing, mergers and acquisitions, engineering and construction, and cross-border dispute resolution.