On 10 July 2019, the Department of Investment Promotion of the Ministry of Planning and Investment (“DIP”) issued Notice No. 189 (the “Notice”) regarding the suspension of the incorporation of electricity and mineral investment projects.Per the Notice, the DIP has instituted a nationwide suspension of the acceptance of applications for investment projects involving the exploration […]

Recently, the President of the Lao PDR issued Presidential Edict No. 001/P dated 15 December 2015 (“the Edict”) regarding the royalty rate for natural resources. The Edict imposes royalty rates for natural resources as follows: For general mineral resources – from 2% to 10% of the sales value, depending on the type of mineral. For […]