This is a best prospect industry sector for this country. Includes a market overview and trade data.

Overview

In 2018, the industry (including construction) sector added 31.5 percent value to the GDP for Laos. Laos has underdeveloped infrastructure, including its road networks as well as its public water and electricity systems.  Transportation projects will be in high demand as the country modernizes.  Several large-scale construction projects continue in the capital of Vientiane, including office buildings, shopping malls, and the China-Laos Railway project. Chinese, Vietnamese and Thai companies are the most active participants in infrastructure development in Laos.  The Lao government makes use of donor funding, development banks, and other financing methods to pay for infrastructure projects.  Laos is also undergoing development of its airport and aviation system, including the construction provincial airports as well as recently acquired Japanese funding for the creation of new domestic and international terminals at Wattay International Airport in Vientiane.

Laos seeks to modernize and integrate its electrical grid in the next decade in pursuit of its goal of increasing electricity exports to Thailand and Vietnam, while at the same time providing electricity to 90 percent of the population by 2020.  To do this it will need to invest in modern power distribution and power management equipment and expertise.

Web Resources

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