Industry Ministry of Laos sets a five-year development plan to drive national growth


VIENTIANE (Vientiane Times/ANN): The industry and trade sector aims to contribute at least 36.2 per cent to GDP, with an annual average growth rate of 12.65 percent for industry, 14.54 per cent for domestic trade, and 10.62 per cent for foreign trade.

These targets are part of the Ministry of Industry and Commerce’s draft five-year Industry and Trade Development Plan for 2026-2030, which outlines the sector’s central role in supporting Laos’ economic transformation and self-reliant growth.

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