Thai investment remains key driver of Laos’ energy sector growth


Thailand is one of the leading sources of foreign investment in Laos’ energy sector, alongside China and Vietnam.- VT

BANGKOK: Thai investment continues to expand Laos’ energy sector, reinforcing bilateral cooperation and strengthening regional energy security amid global market uncertainty.

According to the Ministry of Industry and Commerce, citing a report published on its Facebook page this week, Thai investors are playing a major role, with six projects under construction delivering a combined capacity of 3,613.2 megawatts and representing investment of about US$5.28 billion.

A further 16 projects already in operation generate 7,688.9 megawatts of electricity with investment exceeding US$9.48 billion.

Lao Minister of Industry and Commerce, Malaythong Kommasith, recently held talks with Thailand’s Energy Minister Akanat Promphan, marking their first working meeting since the Thai minister assumed office in March 2026.

The two ministers discussed the uncertain global energy landscape and stressed the need to strengthen cooperation to ensure secure and reliable energy supply — a key pillar supporting economic growth in both countries.

The Lao ministry noted that the energy sector continues to play a central role in bilateral trade and investment. In 2025, Laos sold electricity to Thailand valued at US$2.34 billion, while Thailand supplied fuel to Laos with an estimated market value of between US$1.5 billion and US$1.8 billion.

Both ministers reaffirmed their commitment to advancing cooperation under a strategic partnership for growth and sustainable development, with discussions held in a friendly and constructive atmosphere.

At the conclusion of the talks, Malaythong invited Akanat and his delegation to pay an official visit to Laos to continue in-depth discussions and further enhance bilateral energy cooperation. - Vientiane Times/ANN

 

 

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Laos , Thailand , investment , energy

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