|Country:||Lao People's Democratic Republic|
|Year:||2009 (Jul 14th)|
|Policy status:||In Force|
|Date Effective:||2009 (Jul 14th)|
|Policy Type:||Economic Instruments, Economic Instruments>Fiscal/financial incentives, Economic Instruments>Fiscal/financial incentives>Tax relief|
|Policy Target:||Multiple RE Sources|
|Policy Sector:||Multi-sectoral Policy|
|Size of Plant Targeted:||Small and Large|
|Agency:||Ministry of Planning and Investment Investment Promotion Department|
|Legal References:||National Assembly / No. 02/NA|
The Law on Investment Promotion of 2009 regulates domestic and foreign investment to facilitate investments according to the law. It protects investors', public and citizens' rights under the objective of enhancing socio-economic growth.
Incentives offered by the law, which are potentially applicable to renewable energy investments, include:
Additional incentives under the same law apply to large and small-scale hydropower generation. The Department of Energy Business (DEB) of the Ministry of Energy and Mines provides to investors, among others:
In order to view a full versions of Law on Investment Promotion of Lao PDR please click here.
Last modified: Mon, 10 Apr 2017 18:35:15 CEST