This chapter focuses on Laos, officially known as Lao People’s Democratic Republic (Lao PDR), which is both land-locked and considered one of the least developed countries in East Asia. It examines the consequences of rising foreign investment in the country, leaving aside details on who the major investing corporations in the country are, and looking instead at how transnational capitalist flows have been felt by some of the most disadvantaged and voiceless communities. To do this, the chapter will draw on ten months of ethnographic analysis and eighty-six interviews with members of the Lao government, employees of international development organizations and residents of Laos. Rather than focusing on key agents of transnational capitalism, the purpose here is to examine some of the social and spatial implications of greater transnational flows and investment. This includes the increasing centralization of development within Laos and the widespread displacement and marginalization of impoverished communities. Put simply, this chapter draws attention to the poverty-inducing consequences of new transnational capitalist flows within Laos.