| Author | Phongsavanh Phomkong |
| Call Number | AIT RSPR no. SM-01-104 |
| Subject(s) | Investments, Foreign--Laos
|
| Note | A research study submitted in partial fulfillment of the requirements for the degree of
Master of Business Administration, School of Management |
| Publisher | Asian Institute of Technology |
| Series Statement | Research studies project report ; no. SM-01-104 |
| Abstract | This study attempted to outline the FDI situation in the Lao PDR since the country has
transferred from centrally controlled economy to the market 01iented economy and to
identify the problems which the Lao government should take into consideration for
developing a proper foreign investment strategy.
At first, the study examined the overall situation of FDI flow in developing countries
world wide, before narrow down the area of the study into more specific area which is
Southeast Asia region. It is found that the most general determinants which influence the
FDI flows in to developing countries include the national policy framework of the host
country, the macroeconomic factors, and the business facilitation that host country
provide to the foreign investors. Applying those findings, the study have identified the
problems of Lao PDR regarding the FDI at both strategic and implementation level. The
major problems include the macroeconomic instability reflected by the relatively high
cuITent account deficit and volatility in foreign exchange rate. Another problem is the
inadequacy in both legal and physical infrastructure regarding FDI. Finally, it is found
that the business facilitation including foreign investment incentive system has not been
effectively implemented.
For the further success, the study suggested that Lao government should firstly have a
clearer Foreign Direct Investment strategy and its implementation, from whom and into
which sectors foreign investment flow should be prioritized. And then, the favorable
foreign investment climate as well as business facilities must be improved and created,
such as the tightening of macroeconomic stability, improvement of infrastructure
conditions as well as preparation in human capital factor. Finally, the Lao government
should pay more attention in the issue of foreign investment promotion, the study
suggested that the promotional campaign must be in the more aggressive way instead of
only waiting for investor to come and knock on the door |
| Year | 2001 |
| Corresponding Series Added Entry | Asian Institute of Technology. Research studies project report ; no. SM-01-104 |
| Type | Research Study Project Report (RSPR) |
| School | School of Management |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
| Chairperson(s) | Tang, John C.S; |
| Examination Committee(s) | Broustai, Joel Francois ;Sununta Siengthai ; |
| Scholarship Donor(s) | Government of France ; |
| Degree | Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 2001 |