[LO] Laos promotes agro-processing industry development for export markets

[LO] Laos is stepping up efforts to develop its agro-processing industry, aiming to shift away from exporting raw agricultural commodities towards higher-value processed goods.

[LO] [Bộ Công Thương Lào] said new incentives will target investors setting up processing facilities for crops such as coffee, cassava and bananas, which currently make up a large share of unprocessed exports.

[LO] Định hướng chính sách

[LO] The policy includes tax incentives for processing facilities located near production areas, as well as support for smallholder cooperatives to meet quality standards required by export markets.

• [LO] Ưu đãi thuế cho cơ sở chế biến gần vùng nguyên liệu
• [LO] Hỗ trợ hợp tác xã đáp ứng tiêu chuẩn chất lượng xuất khẩu
• [LO] Thu hút đầu tư vào chế biến sâu nông sản

[LO] Officials expect the shift towards processed exports to create additional jobs in rural areas and increase the value captured domestically from agricultural production.

[LO] The initiative is seen as complementary to broader CLMV efforts to strengthen regional supply chains in agro-processing.