Special Report: Latest Developments in Laos' Construction Industry
Chinese, Thai and Vietnamese enterprises are the core participants in local engineering construction (LAOS) From 2024 to 2025, Laos' construction sector maintained steady expansion. The construction-related GDP rose from 16.813 billion kip in 2023 to 17.675 billion kip in 2024, with an overall two-year growth rate of around 4.7%, accounting for about 31% of the national GDP, making it a core pillar driving infrastructure upgrading.