Japanese trade group promotes investment in Lao SEZs

The Japan External Trade Organisation (JETRO) Vientiane will work with the developers of four special economic zones (SEZs) to encourage more investment by Japanese companies, to boost trade and economic ties between Laos and Japan. 

A Memorandum of Cooperation was signed in Vientiane on Tuesday by the Chief Representative of JETRO Vientiane, Mr Katsuichi Iwakami, and the zone developers.

The signing ceremony was attended by the Deputy Minister of Planning and Investment, Ms Khamchanh Vongseneboun, representatives from the Malaysian and Japanese Embassies to Laos the Special Economic Zone Promotion and Management Office, and officials from various government bodies.

The four targeted zones are the Pakxe-Japan SME SEZ, Savan Park, Saysettha Development Zone, and the Vientiane Industrial and Trade Area (VITA Park).

 JETRO Vientiane, which was established in 2014, is undertaking various activities although its main responsibility is promoting investment by Japanese companies in Laos, Mr Iwakami said.

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