Lao tax breaks aim to spur investment in Xaysomboun

Agriculture and tourismare among the key areas earmarked for development in order to accelerate economic growth in Xaysomboun. VT

VIENTIANE (Vientiane Times/ANN): The government has introduced a tax break policy to attract more private investment in Xaysomboun to enable the province to catch up economically with other areas of Laos.

The 12-page Decree on Economic Development Policy in Xaysomboun, signed by Prime Minister Thongloun Sisoulith, is being circulated among the sectors concerned.