Joint development zone helps Laos' economic growth. As the Belt and Road Initiative advances, China and Laos have forged closer economic and trade relations. Lao official data shows that in 2016, China invested in over 760 projects in the country, covering various fields including mining, agriculture,...
Saysetha Development Zone
Fifty-two companies begin manufacturing: Saysettha Development Zone. Fifty-two companies investing in the Saysettha Development Zone, Vientiane have started manufacturing with other 55 firms entering initial stages of building factories. Most of the companies in the economic zone represent China, Thailand, Japan, Laos, Malaysia and Singapore....
China-Laos cooperation bears fruits in Vientiane Saysettha Development Zone. About a 30-minute drive northeast of downtown Vientiane, the capital of Laos, there lies the Vientiane Saysettha Development Zone (SDZ), with factories neatly arranged....
Saysettha Development Zone (SDZ) was established in 2010 is national-level cooperation project jointly established by the government of P.R China and Lao PDR. The zone is developed by Lao-China Joint Venture Investment Co., Ltd. The zone covered 1000 hectares under a 70-year land lease agreement. SDZ shall be developed into integrated industrial area, new town as well as infrastructure, custom check point...