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Laos - Mineral sector assessment (Inglês)

While Laos PDR appears from its geological structure to have unexploited mineral potential, its mining sector is now very small and of little, although growing, economic importance. The prospects for mineral development depend on the physical mineral potential and geological potential. This report attempts to: (a) establish priorities for promotion of specific minerals based on their geological potential and commercial and financial viability; (b) evaluate and improve the existing legal and regulatory framework to make it more conducive to foreign investment; (c) propose measures to actively promote the mineral sector among foreign investors; and (d) assess the possible impact for the country of additional mining sector development. The report concludes that the best and most easily accessible potential for mineral development is in some medium- to high-value minerals for export. The recently introduced foreign investment code provides a generally conducive framework for foreign investment. However, a mining code is needed to address the specific requirements of mining regulations. Finally, the report concludes that, even with few ventures resulting from this new mining policy, the contribution of the sector to the economy could become considerably more important than it is now.

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