Thai travel businesses urged to invest in Laos

THURSDAY, NOVEMBER 29, 2012
Thai travel businesses urged to invest in Laos

The Association of Thai Travel Agents (ATTA) has urged tourism operators to invest in Laos because the unspoiled nation has room for growth and can also provide network connectivity after the opening of the Asean Economic Community (AEC) in 2015.

 

The country of about 6 million people has modernised its legislation governing foreign investors. It now allows them to control a 100percent stake in threetofivestar hotels, and a 70percent stake in travel companies. Laos also offers tax incentives, said ATTA president Sisdivachr Cheewarattanaporn.
The Nation