Sign up | Log in



Home  >>   Daily News  >>   Laos News  >> Property  >> Lao policy makers explore measures to contain land occupation
NEWS UPDATES Asean Affairs   2 August 2013  

Lao policy makers explore measures to contain land occupation
Policy makers have suggested tax increases and land occupation restrictions in order to constrain occupation of large scale of lands in Laos.
The suggestion was made in the drafted National Land Policy, which was tabled at the 5th ordinary session of the Lao National Assembly (NA)'s seventh legislature, which closed on Friday.
During the session, the law makers shared ideas to further develop the draft. During the debate it was noted that many, notably rich and influential figures have occupied considerably large areas of land.
Under the draft policy, individual Lao nationals, joint venture enterprises between Lao and foreign investors and foreigners are not allowed to own land use rights to more than an appropriate area of land.
The government is required to define measures for indentifying the appropriate size of agricultural plots and residential areas, so that parties cannot own usage rights to more land than is deemed appropriate.
Under the draft, the government is required to formulate regulations and measures to restrict land occupation so that the eligible parties do not occupy more land than they are allowed.
Two options were offered by the policy makers in an effort to constrain land occupation, according to the drafted policy.
Under one scenario, those who already own land use rights greater than the area they are allowed to will be required to transfer land use rights to the surplus area to eligible relatives and parties.
The second option states that in cases where the holders of excess land use rights wish to retain the surplus land, they are required to pay a higher rate of land tax, similar to the graduated scale for electricity charges, where the more you consume the more you pay per unit.
In case the holders of land use rights fail to follow one of the two aforementioned options within three years, land use rights to the surplus area will fall into state ownership, according to the draft.
The NA's members welcomed the draft land policy. Many said several rich individuals have occupied land without making use of or developing it, but just occupy it for future commercial interest driven by increasing market demand.
Foreign investors are permitted to purchase land use rights in Laos for building residences and enterprises under the condition that the government allocate an appropriate area in accordance with the amount of investment capital and the length of the concession.
However the land use rights owned by investors will be valid for 50 years, with an extension of 40 years possible, according to the draft.
The draft policy will be put out for public comment before being resubmitted to parliament for debate and eventual approval at a later date. - Vientiane Times

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories    2  August 2013 Subsribe Now !
• Rupiah weakened on Thursday due to inflation data  Subcribe: Asean Affairs Global Magazine
• Lao policy makers explore measures to contain land occupation  Asean Affairs Premium
• Sembcorp expands waste-to-energy capacity in Singapore 
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Petronas project delay impacts firms
• Thailand sees Q2 growth but exports slip 
• Laos Confirms 'Preparatory' Work on Controversial Dam Project 
• Plastic exports continue to rise
Asean Analysis            1 August 2013 Advertise Your Brand
• Asean Analysis- August 1, 2013
• Asean Weekly:The Biweekly Update 29 July 2013
Asean Stock Watch     1 August  2013
• Asean Stock Watch-August 1, 2013  

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand