Luang Prabang’s revenue jumps by 19 percent as more businesses contribute

Authorities in Luang Prabang province have identified another 1,401 businesses that have bolstered the province’s revenue collection by 19 percent, while investment by local and overseas entities has also increased.
The figures were reported to Deputy Prime Minister Dr Sonexay Siphandone, when he and his delegation visited the province on Thursday.
Agricultural production in the province has exceeded set targets, with eggs being sold to nearby provinces and 3,248 cattle and 79 buffalo shipped across the border to China. To tackle economic and financial difficulties, the province is promoting the local production of goods through 10 projects.
This is being done to reduce the need to import goods at high prices, with five of the projects taking place in the agriculture sector, and another aimed at improving infrastructure to support agriculture.
In the tourism sector, the province has drawn up plans to rehabilitate tourism and establish green zones for tourism, using modern systems to make it easier for visitors to gain entry to local attractions. Dr Sonexay advised provincial officials to stop the circulation of fake news on social media, in addition to furthering social and economic development.
He also instructed officials to boost commercial productivity so that less money is spent on imports, improve infrastructure and services to attract more visitors, and ensure sustainable development.
Luang Prabang province is on the list of green travel zones designated by the government for travel since Laos reopened to visitors in January following the closure of borders during the Covid pandemic.
Since it was listed as a UNESCO World Heritage Site in 1995, Luang Prabang has caught the attention of overseas travellers, drawing several hundred thousand visitors each year.

By Times Reporters
 (Latest Update June 7, 2022)