Work has begun on a $550m logistics park in Laos following an official groundbreaking ceremony held on Friday, the Star newspaper reports. The project is being built on a 327ha site in Vientiane, close to the Laos-Thailand Friendship Bridge over the Mekong River. When complete, it will be a central element in the Lao Logistics Link, which is made up of the Thanaleng Dry Port and the Vientiane...
by RentsBuy Property 
(Global Times) -- The cargo transportation volume of the China-Laos railway passed the 10-million-ton benchmark on Monday after achieving a capacity increase for several consecutive months since its launch last December, according to China Railway Kunming Bureau Group. The launch of the 1,035-kilometer-long transportation line came in response to the need for a logistics upgrade not just between China and...
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Leading Lao and Thai businesses signed a deal on Tuesday to jointly upgrade the logistics and transport system to provide cost-effective services via railways and modern logistics facilities ...
by RentsBuy Property 
Top Lao and Thai leaders gathered in Borikhamxay and Bueng Kan provinces on Friday for the official groundbreaking ceremony for the fifth Lao-Thai Friendship Bridge, more than 50 percent of which has been completed. Though work on the bridge began some time ago, the official groundbreaking was done following the easing of the Covid-19 pandemic. The groundbreaking ceremony was held on both sides of the...
by RentsBuy Property 
Fruit and vegetables from Laos will soon be available on market shelves in Shanghai, China, under a new deal signed at the ongoing 5th China International Import Expo (CIIE), local media reported. The Department of Trade Promotion of Laos’ Ministry of Industry and Commerce signed a Memorandum of Understanding with the Yangpu District government at the Expo, which is taking place from November 5-11 in...
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The General Logistics Department of the Ministry of Public Security recently signed documents to grant the right for the use of state land in the Km 62 area of Vientiane province for the construction of the US$2.9-billion Resort Lao Complex project....
by RentsBuy Property 
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...
by RentsBuy Property 
Jan 19, 2021 by Steve Finch With the pandemic wreaking havoc on its economy, little Laos is hoping that relaxed foreign ownership rules can inject life into its housing market—with Chinese investors a prime target A decade ago, owning apartments in mainland Southeast Asia remained off-limits to overseas property buyers, except in Thailand and Malaysia. Then Cambodia opened up its condo market,...
by RentsBuy Property 
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...
by RentsBuy Property 
Lao PDR Amends Its Land Law – What’s New? August 27, 2020 Today sees the entry into force of the new Law on Land No. 70/NA dated 21 June 2019 (the “2019 Land Law”), which among other things, includes new provisions concerning the limited ownership of land-use rights by foreigners under certain circumstances, and the limited ownership of individual units in a condominium...
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