2 February 2017
Laos

Laos | ZICO Law’s Aristotle David Chimes in on Laos Development and Future Prospects

Aristotle David, Managing Partner of ZICO Law Laos, has recently contributed to an article by Asia Times which discusses Laos PDR’S recent economic development and increased standing in the ASEAN region

The article entitled ‘Out of Obscurity’ focuses on the key economic reforms that have been the impetus for the once under developed nation’s steady march towards progress and modernity.

“For the past two decades, the Lao PDR’s gross domestic product has grown at an average annual rate of 7%, with increasing exploitation of the country’s natural resources, mostly water, minerals and forests,” noted Aristotle David whilst adding that on the current trajectory Laos expects to be a middle upper-middle income country by 2030.

Aristotle further cited the increase of foreign investment in Laos as a key determining factor for ZICO Law’s presence in the nation. “Foreign interest in the Lao PDR continues to grow and we are looking to aggressively expand to further enhance ZICO Law’s capabilities to our clients in Laos.”

Aristotle David, heads up our practice in Vientiane and has over 16 years’ experience as an international lawyer, including more than 11 years in the Lao PDR.

To learn more about the article, please click here.

Announcement

On 1 December 2022, KPMG and ZICO Law entered into an agreement under which a number of law firms and teams from the ZICO Law network have joined the KPMG network of firms.

The deal will see more than 275 lawyers join over 2,900 legal professionals in the KPMG global organization, creating a significant legal footprint across Asia. It will offer legal services and solutions, a globally connected legal services platform, and specialists who work with leading technology providers to modernize legal functions across organizations. The strategic combination increases the total number of legal professionals in the KPMG network to close to 3,200 across 84 jurisdictions. You may read the press release here.

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