Tourism gems offer green light to growth
China Daily | Updated: 2014-09-10 08:32
FDI in the mining and energy sector boosts the banking and financial services industry
The importance of the mining and energy sectors to Laos' economic performance and socioeconomic development cannot be over-emphasized, with the mining industry receiving 27 percent of all FDI in 2012, followed by the power sector with a 25 percent share.
Rare metals like gold, silver and copper are a major source of foreign earnings and mining operations remain an attractive area of investment to international investors seeking solid returns, despite the volatility of commodity prices.
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