On Investment Approval and Land Management Mechanism For Leasing or Concession to Cultivate Crops

This instruction is to implement the Law on Investment Promotion and the Decree of the Prime Minister on controlled businesses and concession activities in Lao PDR, and to identify the principles, rules and measures on investment approval considerations and land management mechanisms for leasing or concession to cultivate crops, which use the state land or the land owned by Lao citizens in order to conduct business in safely and environmental friendly manner aiming to ensure the legitimate rights and interests of investors, state, groups and people, to integrate into the regional and international economies contributing into the constant growth of the national socio-economy in the green and sustainable direction.