Economic Zones Overview and Updates

Champassak provincial authorities have confirmed that a Chinese company is keen to develop the US$10 billion Khonphapheng Special Economic Zone (SEZ) in southern Laos. Provincial Governor Dr Bounthong Divixay told Lao media recently that provincial authorities are facilitating the Chinese company (Guangdong Yellow River Industry Group Company Limited) to carry out a project survey and design, which...

VIENTIANE - Lao government has given the green light for a Chinese company to conduct a feasibility study on developing the Khonphapheng Special Economic Zone (SEZ) in southern Laos' Champassak province, local media reported on Tuesday. The Chinese company had informed authorities that it wants to invest $10 billion to develop the SEZ, some 580 km south of capital Vientiane, the Deputy Governor of...

EZ Overview Special Economic Zone and Specific Economic Zone (SEZ). Special and Specific Economic Zone Development are forms economic development which identified specific locations to attract both domestic and foreign investors by offering tax and duty incentives in order to promote infrastructure development, service, production, skill development and transfer modern technology. The...

Many more companies are heading to invest in special and specific economic zones (SEZs) in Laos after witnessing the great potential to benefit from the coming regional integration. Some 213 companies are now investing in the zones with total registered capital of US$4.2 billion in addition to future investment plans of US$17.39 billion. Of the total figure, more than US$1.19 billion has already...

Thailand and Laos have pledged to raise bilateral trade to US$8 billion over the next three years, driven mainly by underlined partnerships through special economic zones (SEZs). Commerce Minister Chatchai Sarikulya yesterday told a seminar that SEZs along the border areas of the two countries would be instrumental not only in boosting trade over the next three years but also investment. Thailand...

Special and specific economic zones (SEZs) in Laos are still attracting foreign investors keen to expand their markets and businesses in the region. A total of 258 companies and 225 business entrepreneurs have currently registered to invest in the zones according to a meeting held in Khammuan province last week. Some 44 percent of investment is in the service sector, 31 percent in the industrial...

Laos is on track with its plans for the development of special and specific economic zones (SEZs), which contribute greatly to the country's economic growth. Deputy Prime Minister and President of the Lao National Committee for Special Economic Zones (NCSEZ), Mr Somsavat Lengsavad, highlighted achievements in this sector when addressing a recent meeting in Vientiane attended by high-ranking officials...

Laos makes strides in SEZ development but challenges remain Although more companies have invested in special and specific economic zones (SEZs) in Laos, the growth rate has not met the anticipated target, according to a government report. Some companies are reluctant to invest in these zones because of delays in the installation of infrastructure, notably the provision of electricity and water,...

  Private firms have been active in developing special economic zones (SEZs) in Cambodia, Laos and Myanmar (CLM), helping to reduce burdens placed on public resources and to improve the efficiency of managing these spaces. SEZs also provide investors with preferential tax and regulatory treatment, often along with access to better connectivity, in a limited geographical area of a...