ລິ້ງ ສຳຫລັບເຂົ້າຫາ

Laos Today: Laos to Promote Manufacturing Sector in the Capital City to Raise Per Capita Income


Vientiane administration officials plan to promote the manufacturing sector in the capital city area to raise the residents’ per capita income to no less than US$1,300 per annum by the year 2010, from the current annual rate of approxiamtely $953.

The plan is part of a five-year socio-economic development plan that administration officials have approved for the period 2006-2010, which aims at pushing for an annual economic growth of no less than 11%.

Vientiane authorities also say they expect the economy to grow at a rate of 11% for the period 2005-06, with an average per capita income of US$1,092, which will make Vientiane the first city in the nation to have a per capita income above the $1,000 level.

Listen to our Laos Today report for more details.

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