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2021

Vientiane Smart City, Local Company to Construct Smart City in Vientiane Capital

Lao-owned construction company Douangchaleun Development Construction Group is to construct a Smart City development project in the capital of Laos. The government of Laos has granted Douangchaleun Development Construction Group permission to conduct a feasibility study for a Smart City project in Vientiane Capital and has frozen plots of land across two districts. Investors are now in the initial stages...

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Revised law allows foreign nationals to own condominiums

Revised law allows foreign nationals to own condominiums Foreigners will be able to own condominiums in Laos once the authorities enforce the newly revised Law on Land. The Lao Official Gazette, a government website that publishes state legislation, has posted the latest version of the Law on Land, which permits foreigners to own condominiums. Under Article 132 of the law, foreigners can now purchase...

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