Inactive investors in Laos to lose land concession licences
The government has given the green light for state agencies to revoke land concession licences held by investors who fail to develop state land in accordance with agreements.
Speaking at a press conference at the end of the cabinet’s monthly meeting on Wednesday, government spokesperson Dr Chaleun Yiapaoher said the meeting approved measures to encourage investors to develop the land for which they had received concessions from the government.
Ekaphone Phouthonesy
