News

Special economic zones in Laos attract huge investments and create jobs

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 ...

South-East Asia is sprouting Chinese enclaves

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 ...

Rayong residents worry EEC will come with empty promises

Rayong residents have raised concerns about pollution and the empty promises that the Eastern Economic Corridor (EEC) project might bring. Their concerns, they said yesterday, were based on the lesson they learned from the Eastern Seaboard Development programme more than 30 years ago.  “When the Eastern Seaboard ...

Khanathit Srihirundaj

Lao Families Fear Getting Cheated by Developers of New SEZ in Champasak Province

Nearly 150 families in six villages in Khong district of southwestern Laos’ Champasak Province say they do not want to give up their homes and land to a special economic zone planned for their area and that they fear that project developers will not compensate ...

Phnom Penh SEZ to construct factories for hire

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 ...

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