Special economic zones in Laos attract huge investments and create jobs

This photo taken on September 19, 2019 from the Thai side of the river in Chiang Rai province shows a sign in Mandarin and English welcoming visitors to the Golden Triangle Special Economic Zone behind tourist boats docked along the Mekong River on the Laos side of the Golden Triangle. - AFP

VIENTIANE (Vientiane Times/ANN): 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 underwritten the remaining more than US$52 million.