The Impact Of Foreign Investment On The Development Of Laos And The Countermeasure Research

Laos is rich in natural resources but has not been used efficiently because of lack of funds,human resources,skilled technicians,experience and advanced technology.The efficient use of foreign direct investment is very conducive to the country's economic development.In order to adapt to the ever-changing economic changes,the Lao People's Democratic Republic Government strengthens cooperation with foreign countries on the theme of social economy,including sub-regional and international cooperation,by attracting more foreign countries.Invest to promote domestic social and economic development.In the research of this paper,the background analysis of the problems studied in this paper and the related literature research status analysis are firstly carried out.Based on the research,the Lao government analyzes the basic policies of foreign investment and analyzes the relevant policies and problems of Laos in promoting foreign investment.Taking LuangNamTha Province as a research object,this paper studies the related impacts of foreign investment in the local government,domestic investors and society in the South Province of Laos,and proposes relevant investment suggestions for factors affecting foreign investment in the province of LuangNamTha,Laos.In the process of analyzing the investment status of foreign investment in LuangNamTha province,this paper finds that Laos is in the process of attracting foreign investment,and the government's relevant response and policy implementation still have no response to industrial development and no comprehensive improvement of labor quality.There is no corresponding industrial infrastructure construction plan.In order to enhance the investment development and role of foreign investment in Laos,the Lao government should strengthen its diversified investment industry structure,attach importance to personnel training,improve the quality of labor force and increase industrial infrastructure.