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NameEnvironmental Obligations of Investors
DescriptionInvestors must:
1. Strictly comply with environmental obligations, promote the green development and growth, give importance to the protection of environment as per laws and regulations.
2. In case of an environmental issue arising, the investor has the obligation to take necessary measures to redress the issue in a timely and lawful manner;
3. Fulfil environmental obligations according to international treaties and agreements to which Lao PDR is a party.
4. Contribute budget in the environmental work as per the Decree implementing this Law.
5. Perform other obligations as set out in laws and regulations.
Comments-
Validity From17-11-2016
Validity To31-12-9999
ReferenceArticle 74
StatusActive
Measure TypeAdministrative Requirements
Agency NameMinistry of Planning and Investment
Legal DocumentLaw on Investment Promotion (Amended) No.14/NA, dated 17 November 2016
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