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

Latest stories in this category

• Thai travel businesses urged to invest in Laos


• The Association of Thai Travel Agents (ATTA) has..


• SET index ends up 9.63 pts, 0.74 pct


• 'No chemical weapons used', says President Office

We Recommend

• Rally failure a boost for govt


• The next challenge for the Yingluck administration..


• People 'spending beyond their means'


• Thailand could be major e-learning hub in region

Comments conditions

Users are solely responsible for their comments.We reserve the right to remove any comment and revoke posting rights for any reason withou prior notice.

Article source: http://www.thethailandlinks.com/2012/11/29/thai-travel-businesses-urged-to-invest-in-laos/