New guidance requires state investment projects to undergo bidding

VIENTIANE (Vientiane Times/ANN) – State-funded projects must be allocated through a bidding process when it comes to hiring consulting companies and firms to carry out feasibility studies, surveys and project designs, to ensure effective use of government money, a new regulation requires.

Minister of Planning and investment Dr Souphan Keomixay recently issued an instruction on the interpretation and implementation of the State Investment Law, which was promulgated on December 15, 2015.


Souksakhone Vaenkeo