Special economic zones

The government cabinet has been exploring ways to better facilitate and promote investment in Special Economic Zones, after many zones have been set up in the provinces and in Vientiane. The cabinet on September 26 convened an extraordinary meeting and discussed a draft of the Law on ...

Greater connectivity between Japan and Cambodia is tightening economic links between the two countries while catalysing Japan’s ambitions to develop a chain of industrial complexes that cut a tract through the Lower Mekong region. Officials at Japan External Trade Organisation, Japan’s development agency, say Cambodia’s economic ...

Over US$1 billion has been disbursed in various business activities and the development of special and specific economic zones, driven by growing regional economic integration. Almost 300 companies from Laos and overseas are now investing in the SEZs, with a total registered capital of almost US$8 ...

Myanmar’s beverage manufacturer, Loi Hein – in a joint venture with Japan’s Toyo Seikan Co Ltd – has set up steel cans production unit in the country. Meanwhile, the concession agreement for the Hanthawaddy International Airport project is expected to be signed in December 2016. Loi Hein ...

Myanmar is moving to exploit solar and wind energy, but experts said such attempts must be stepped up to smoothen the country’s development. Soe Soe Ohn, director of the national electrification project at the Rural Development Department, said solar energy offered high potential particularly in rural ...

In a bid to diversify its revenue stream, Phnom Penh SEZ will restructure its business model by injecting capital into building its own factories that can be leased to tenants of its flagship industrial park, a company representative said on August 23.“Right now, 90 per ...

Myanmar-based Olympus Asia Group and Korea’s Panko Corporation signed a memorandum of understanding on August 20 and are looking for land in Yangon, Bago or Ayeywarwady regions. Under the CMP model, a foreign buyer with financial backing and technical expertise will contract a garment factory, usually ...

Villagers living along a canal in Svay Rieng province’s Bavet town say its water has been polluted by untreated discharge from the nearby Manhattan Special Economic Zone, rendering it unusable. Three communes live along the Tapov canal – Bati, Prasat and Bavet – with villagers from ...

Situated in Laos’ Luang Namtha province, Boten is China’s gateway to Southeast Asia and will be a critical link in both the North-South and East-West economic corridors. In terms of the North-South corridor, it is the transit point for the Kunming-Bangkok Expressway, which passes across ...

AT the CB Bank branch in the Thilawa Special Economic Zone near Yangon, there’s a dedicated “Japan desk”, where an employee of the Bank of Tokyo-Mitsubishi UFJ sits to handle any Japanese corporate business that comes their way. The Japanese bank’s presence at Thilawa is no ...