Notification No. 1327/DERM, List D 02-2015, establishes conditions on foreign partcipation (e.g. minimum registered capital and foreign ownerhsip limitations)  in a number of activities. Included in this restriction is the construction of roads, bridges and railroads, site preparation for construction work, other construction installation and completing and finshing buidling, such as interior decoration [considered under architectural services in the OECD FDI Regulatory Restrictiveness Index]. Essentially, foreign ownership in 'small-scale' civil engineering construction works (up to 240 billion Lak) is limited to 49%; wholly-owned foreign investment is allowed in 'large-scale' works. In supporting construction activities (e.g. site preparation, other installation work etc.), foreign investment is subject to a discriminatory minimum capital requirement and foreign shareholding is limited to 49%.
"List of Business Activities for Foreign Investors [with conditions]:
- Road and Railway Construction (minimum registered capital: from 1 to 240 billion Lak, foreign equity participation is limited to 49%; if registered capital is above 240 billion Lak, wholly-owned foreign investment is allowed);
- Site preparation for construction [clearing construction sites, including excavation and landfill] (minimum registered capital: 8 billion Lak, foreign equity participation is limited to 49%)
- Other construction installation [specifically assembling of building parts] (minimum registered capital: 8 billion Lak, foreign equity participation is limited to 49%);
- Completing and finishing buildings [specifically for interior and exterior design/decorating (final phase)] (minimum registered capital: 8 billion Lak, foreign equity participation is limited to 49%)" (Notification No. 1327/DERM, List D 02-2015)
Notification No. 1327/DERM, List D 02-2015, of 13 July 2015.
Notification on the Establishment of Controlled Business for Public Work and Transportation Sector, No.13779/MPWT, dated 21 August 2012
[<a href="http://www.laotradeportal.gov.la/kcfinder/upload/files/Notification1327_2015ENG.pdf">Notification</a>]