Economy / Laos
Powering Up
May 2006 | Economic AnalysisLaos is showing signs of economic life. Rapid East Asian growth is proving beneficial to the former French colony, which is hastily opening itself up to external investment. In particular, energy-hungry Thailand and Vietnam are enhancing commercial relations with Vientiane. A raft of foreign investment, particularly in the hydropower sector, is boosting economic activity and eventually, Laos' capacity to generate hard foreign
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