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Sep 25, 2015

Breakfast Forum of “Investment Opportunities in Laos, Cambodia and Myanmar” on Laos Business Legal Framework


15 September 2015, Makati City, Philippines - Raymond Alikpala, Head of Sciaroni & Associates Laos office, attended a Breakfast Forum on “Investment Opportunities in Laos, Cambodia and Myanmar” organized by the European Chamber of Commerce of the Philippines (ECCP). Raymond spoke on the Laos Business Legal Framework.  With the ASEAN Economic integration going into effect at the end of 2015, the ECCP offered a forum for Philippine and European companies to better understand the business opportunities offered by the dynamic economies of Laos, Cambodia and Myanmar.

Many of the companies present are interested in these three countries, which remain unfamiliar to many Filipinos, who have traditionally not looked outside of the local market. With the ASEAN Economic Community, however, many companies are looking to expand into emerging markets. There were questions during the open forum about setting up very specific businesses (water services and environmental impact assessment services, for example) and those present agreed that the three countries presented fantastic economic opportunities.


However, there was also recognition that there are unique challenges in each country. In Laos, in particular, the relatively smaller population and underdeveloped infrastructure required a longer view and may not be suitable for every investor. But the growth and development of Laos over the last five years have been tremendous, and this will only continue to improve in the advent of the AEC.


Raymond’s discussion on legal aspects of doing business in Laos was very well-received. The event was attended by more than 50 member-companies of the European Chamber of Commerce of the Philippines (ECCP). Dr. Ramon Bruesseler, Executive Director of the European Chamber of Commerce and Industry in Laos (ECCIL) also spoke on general investment issues in Laos, and Dr. Oudet Souvannavong, Vice President of the Lao National Chamber of Commerce and Industry (LNCCI), was part of the discussion panel.

                                 

 

 

Raymond Alikpala, S&A Legal Advisor/Head of Laos Office
Photo credit: European Chamber of Commerce of the Philippines (ECCP)

   


 
 
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Sciaroni & Associates is a leading professional and investment advisory firm doing business in Southeast Asia since 1993. Based in Cambodia with legal offices in Laos and Myanmar, we provide experienced advice and business insights to many of the world’s leading companies, governments, economic think tanks, global development funds, international NGOs and the Royal Government of Cambodia in accordance with strict international standards.
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