LAOS in Making
LAOS in Making
• The current population growth rate is a relatively high 2.5 percent. If this
rate were to continue, the country's population would double to over 10
million by the year 2028.
• The major cause of this high population growth is the high fertility rate of
Lao women. The Lao women on average currently have 5.21 children.
Thus, it is not uncommon to find families of 4 to 10 children, even in
urban areas.
• The ethnically diverse Lao PDR population is comprised of 3 major
ethnic groups: Lao Lum, lowland; Lao Theung, upland; and Lao
Sung, highland. Among prominent highland groups are the Hmong
and Yao. Thus, the Lao PDR is one of the most ethnically diverse
countries in Asia
• With the country's low population density and the need to import
labor (often Vietnamese guest workers ), the government has been
reluctant to adopt a strict birth control or family planning policy
• With such high fertility, the Lao PDR has a very young population.
Roughly 54.2 percent of the population is under the age of 20. With
poor health conditions, particularly in rural areas and related high
mortality rates, only 2.2 percent of the population is over 70 years
of age.
INDUSTRY
FORESTRY AND LOGGING.
• The Lao PDR has extensive tropical forests containing many
valuable hardwoods such as teak. With a total ban on logging in
Thailand, there is considerable demand for Lao wood products
from other Asian countries such as Thailand, Malaysia, and Japan.
Malaysia has projects for teak cultivation in southern Laos. The
Lao military is involved in timber exploitation.
• Deforestation and the need for sustainable forestry are major
environmental issues facing the Lao PDR and its agricultural/rural
sector. The Lao are very conscious that much of Thailand's
northeast was deforested as the result of expanded rice field
acreage. Also, upland agricultural production can result in serious
deforestation.
MANUFACTURING.
• The following are the principal products manufactured in the Lao PDR:
oxygen-acetylene, battery acid, industrial alcohol, detergent powder, soap,
shoes made of animal skin, leather, medical drugs, fans, vaccines, plastic
goods, timber, lumber, plywood, flood lumber, rattan furniture, books,
fabrics, clothing, bricks, blocks, cement, tiles, chalk, lime, electric poles,
agricultural tools, tin plates, nails, electric wire, and barbed wire.
• For the economy, the most significant of these are clothing/fabrics and
rattan furniture. Except for fabrics and clothing, most of these
manufactured products are for local consumption.
• Laos' manufacturing export potential is currently limited by its status as a
"non-market economy" restricting its access to U.S. and other developed
country markets. Admission to the WTO and completion of a trade
agreement with the United States are essential to enable Laos to have
more secure access for its exports.
MINING.
• The Lao PDR has an abundant supply of minerals.
Gypsum, for example, is exported to Vietnam.
Tin, coal, lignite, and limestone are also mined.
In the Vanvieng area, there is a major cement
works, established with the assistance of the
Chinese. Mining and quarrying, however,
represented only .051 percent of the GDP in
1999, and minerals are not yet a significant
export. The major problem in exploiting Lao
mineral resources is their inaccessibility.
TOURISM
• In the Lao service economy, tourism has been a major growth area. Between 1991
and 1995, tourism grew approximately 60-fold, and from 1995 to 2000 it has more
than doubled. On a per capita basis, Laos has even more tourists than Thailand.
• The major tourist attractions of the country are its rich culture and many Buddhist
temples; Luang Prabang, the former royal capital in the north and a world cultural
heritage site; the majestic Mekong River which flows through the country; and
shopping for Lao textiles and handicrafts in Vientiane.
By –
Karan Miglani
Raghav seth
Dilasha Sethi
Sneha Sharma
B.B.A - B