Part 3/15:
Taking advantage of its geographical terrain, Laos has abundant hydro resources and has attracted over $12 billion in foreign investment. Notably, Thailand stands out as the largest investor, relying heavily on imported hydroelectric power to meet its rising energy demands and climate commitments. The country’s reliance on hydropower aligns with ASEAN’s broader strategy to diversify energy sources, promote renewable energy, and create an interconnected ASEAN power grid aimed at enhancing energy security and sustainability.