Factors Attracting Foreign Direct Investment in Savannakhet Province, Laos

Investment, Factors, Foreign Direct In vestment

Authors

  • Mithsy SYHACHACK Commerce Department, Faculty of Business Administration, Savannakhet University, Lao PDR Author
  • Khamkeo MANIVONG Commerce Department, Faculty of Business Administration, Savannakhet University, Lao PDR Author
  • Manichanh XAIYAVONG Commerce Department, Faculty of Business Administration, Savannakhet University, Lao PDR Author
  • Darano SOULINSOMPHOU Commerce Department, Faculty of Business Administration, Savannakhet University, Lao PDR Author

DOI:

https://doi.org/10.71026/lss.2024.01008

Keywords:

Investment, Factors, Foreign Direct In vestment

Abstract

In this study, the researchers focus on the "Factors Attracting Foreign Direct Investment in Savannakhet Province” to study as follows: (1) To study the Factors Attracting Foreign Direct Investment in Savannakhet, (2) To study the issues of.  direct investment; (3) To study investment promotion strategies. The instrument used in this study was a questionnaire by collecting data from a sample of 111 participants. The analysis and statistical process was used with the SPSS software such as: 1.) General information of respondents was mostly incoming female investors accounted for 55%. The age varied from 31-35 years. Mainly Chinese investors accounted for 28.8%, the level of education was accounting for 52.3%, 2.) It was found that the factors attracting direct investment from abroad, the appropriate source from the province were intermediate comments with average and changing standards as (= 3.31; SD = 0.98), the opinions on many levels with the average and volatility standards as =3.47; S.D = 0.85).  These companies are commenting on several levels with average and changing standards as (=3.41; SD = 1.02), market factor opinions on several levels with average and changing standards as (= 3.44; SD = 0.92), the resource factors were intermediate comments with average and changing standards as ( 3.36; SD = 0.86); 3.) The problem of foreign direct investment was found to be moderate with an average of ( = 3.15), while material costs were moderate, Logistics problems were intermediate with average and changing standards as (=3.21; SD=1.83), the problem is a rule at several levels with the average and volatility standards as ( = 3.50; SD =1.03), the issue of money is a moderate comment and average change with (=3.29).  ; SD = 0.98), the problems of infrastructure are comments on several levels with average and changing standards as (=3.44; SD=1.01), the problem of enforcing contracts are comments on several levels with average and changing standards as (= 3.44; SD = 1.03); 4). The Investment Promotion and Tax Reduction is varied from 40.0% to 36.04%, Investment Promotion Guidelines of the Government shall identify 62 investment entities covering 55.86%, investment promotion strategy with a minimum of 70% investment in n terms of investment.  The network road should be improved by 49.55%, and with a 50% increase in the number of operational issues in terms of operational logistics.

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Published

2024-06-30

How to Cite

Factors Attracting Foreign Direct Investment in Savannakhet Province, Laos: Investment, Factors, Foreign Direct In vestment. (2024). Lao Social Sciences Journal, 1(1), 63-72. https://doi.org/10.71026/lss.2024.01008

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