| *Charllenges of Building Economy in Lao PDR Gross National Product in the (GDP): In the year 2005 : $2.9 billion. In the year 2005 Gross domestic product(GDP) of Lao.P.D.R grew 7.0%, edging higher for a third year in a row. Per capital GDP increased from $322 to $440 between year 2003-2005. Inflation: 6.5%.(2005). Industry sector :Started from the year 2001 the industry sactor growth with double-digit raised share to 27% and lowerd ther acriculture's growth. driven by gold and copper mining (13% in 2005 and contributed 35% point of GDPgrowth about haft of economy growing)Constuction activity at the large Num Theun 2 hidropower project also provided a filip to growth in the yrear 2005. Agriculture sector: In the few year ago, agriculture acouted for more than 50% of GDP, but started from the year 2004 industry has been the main sourece of economy growth. In year 2005 agricultur growth 46% of GDP. Main product of agriculture is rice and pass 5 year, slipping to the lower end of this growth range in 2005. Service sector and etc.: has generally extanded, reflecting of improvements in tourism and trade, trough sector growth up to 26.1%. |
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| Contribution to growth from 2003-2005 |
| Major trading partners: Main major investment countries are Thailand, Vietnam, France,Australia, China, Germany, Malaysia and main Investment sector are mining, hydropower, and services etc.. |
| Infomation and Communications Techonogy (ICT): Current level of ICT access and use overall in Laos is limited. Governmet agencies have little experience in using ICT, and the few officials who use the internet do so primarily for exchanging e-mail. Likewis, the business sector has not been active in developing internet-related applica- tions. Few Laotians have access to computers or the internet, now laotian have computer 1.6 PCs/100inhub and the internet user 0.42User/100inhub (ITU2005). Now there are 5 telephone operators, laotian have 10.8 of mobile phone subsriber/100 inhub. and 1.3 fixed phone subcriber/100 inhub. there are numerous constranints on the use of ICT both within Laos in gerneral and within the education sector specifically: Lack of a co-ordinate ICT master plan and project: there is a lack of co-ordination among these groups, which has created uncertainty about the roles of these agencies and about which agency is in charge of overrall ICT palnning. Lack of ICT infarstucture and insufficient lagal framwork for e-commerce and ralted ICT law. Lack of knowledge base for ICT: the goverment of Laos, including the ministru of education, Lack the necessary ICT experties to formulate and implement a co-ordinated national ICT policy. * How come over those charlenges The government plans to help the county meet the millennium development gold by 2015 and graduate from least developed country status by 2020. The priority sector of the poverty reduction strategy have been posted and mainstreamed into SEDP6, 2006-2010. Education, health, agriculture the priorities in a five-plank agenda for poverty reduction : (i) Improved provision of basic social services with a focus on health and education (ii)Expansion of economic opportunities, with an emphasis on commercial agriculture, rural development infrastructure development and fostering SMEs; (iii) Stronger human security, including measures aimed ad fostering food security, reducing threats from unexploded ordnance and ensuring protection against natural disasters. (iv) Enhanced participation by and empowerment of the poor and, (v) Concentrated effort to develop the poorest areas through a range of targeted intervention. On the SEDP6 focused on transforming the Lao PDR from a landlocked to a land linked country, support for regional integration. To achieve this developing economy corridor, reducing trade barriers, promoting cross border investment, Telecomunication ( map of telecom infrastructure ) and capitalizing on the benefits that membership of the GMS, ASIAN, AFTA, and WTO together with bilateral trade agreement can bring. |