SEZ management decree under scrutiny, aiming to draw more investors
The government is creating new decrees to ensure the sustainable development of Special Economic Zones in ways that yield strong benefits. Special Economic Zones are economic development areas set up to attract large-scale investors, both Lao and foreign, to spur economic growth and create job opportunities for local people. Government officials from central and provincial agencies on April 6 gathered in Vientiane to discuss a draft decree on the promotion and management of SEZs. Also up for discussion was a draft decision on the work of SEZ Management Committees that would ensure the directives contained in the Investment Promotion Law were effectively carried out.
