Special economic zones

Twelve special economic zones (SEZs) established across the country have attracted investment of almost US$5.7 billion and created thousands of jobs for local people, a report this week showed. The zones’ developers have invested US$4.28 billion, individual companies invested US$1.36 billion, and the Lao government has ...

In a remote part of northern Laos, the bamboo forest gives way to cranes. A city is being carved out of jungle: tower blocks cloaked in scaffolding loom over restaurants, karaoke bars and massage parlours. The beating heart of Golden Triangle Special Economic Zone (so ...

If there were any doubts around China’s thinking about where to direct its money and influence in Southeast Asia, they were dispelled by the recent announcement that Xi Jinping would visit Myanmar on 17 and 18 January, the first state visit by a Chinese leader ...

The Prime Minister’s Office plans to upgrade the Daktaok local border crossing in Dakcheung district, Xekong province, to an international level crossing on the Vietnamese border. Lao and Vietnamese officials are currently discussing the date when this change will take place. If the status is elevated ...

In a January 9 statement, the Dawei SEZ Management Committee said changes have been made to the contractual arrangements with  Italian-Thai Development Company Ltd (ITD) for the development of initial industrial estate in Tanintharyi Region. According to contract amendment, ITD and other investors must compensate and ...

The Cambodia Chamber of Commerce (CCC) and more than 60 companies from Vietnam’s southern provinces held a business forum on Friday to discuss the establishment of a special economic zone (SEZ) along the border of the two countries. CCC vice-president Lim Heng, who presided over the Vietnam-Cambodia ...

A year ago, Myanmar and China signed an agreement to establish the China-Myanmar Economic Corridor (CMEC), as part of China’s Belt and Road global infrastructure initiative. Today, that corridor is mired in conflict between the Myanmar military and ethnic armed groups. Stretching 1,700 kilometres, the CMEC’s ...

The National Economic and Social Development Council (NESDC) will ask the cabinet to adopt its guidelines on infrastructure development on Tuesday, as the government seeks to start working on the long-awaited link that will connect the Dawei Special Economic Zone in Myanmar with Eastern Economic ...

Businesses from China, Thailand, Korea and Japan, including those from the power and logistics sectors, have said they are keen to invest in the Dawei Special Economic Zone (SEZ) in Tanintharyi, which is near the Thai border. Investor interest in Dawei, which has yet to be ...

Boten Special Economic Zone (SEZ) in Luang Namtha province is anticipating investment of at least US$10 billion to fully develop the site, according to a zone representative. The zone borders on Bohan in Yunnan province, China, and is part of the rapidly-growing economic cooperation between Laos ...