UN members “Lao PDR is a strategic production base for Korean companies”
By UN Journal Lee Kap-soo “Lao PDR can serve as a strategic production base for Korean companies aiming to expand into ASEAN, China, and other markets,” said Amb. Songkane Luangmuninthone of the Lao PDR to South Korea on Aug. 6. In an interview with the Diplomacy Journal, Amb. Songkane Luangmuninthone said, “Lao PDR offers a streamlined, one-stop service for investors and a favorable tax system, making it an attractive destination for foreign investment.” He said, “Therefore, we extend a warm invitation to Korean companies to invest in sectors such as energy, mining, infrastructure, agricultur