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Economy / Laos

Laos

November 2011 | Ratings Update

Japan and Germany are the latest foreign countries to strengthen bilateral ties with Vientiane. The Japan International Cooperation Agency is looking to aid Laos in adopting a low-emission public transport system in order to tackle the surge in demand for transport and the problems such as congestion and pollution that have come alongside rapid economic growth. Meanwhile, Germany has gifted Laos with EUR6mn with the aim of bolstering the sustainability of the forestry industry and is fast becoming one of Laos's major aid donors. We believe that the warming of political ties is a precursor towards greater private investment into

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