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.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Laos , economic , zones , jobs , investment

   

Next In Regional

SG victims of spoofed work emails suffer losses of over S$70mil, 149 victims in 2022 Premium
Victims in SG lose S$466,000 to scammers impersonating ecommerce platform staff Premium
Tesla wants China staff to stay in factory bubble until mid-June Premium
TikTok plans big push into gaming, conducting tests in Vietnam, sources say Premium
Gitee, China’s answer to GitHub, to review all code by temporarily closing open-source projects to the public Premium
South-East Asia’s reliance on China may upend US-EU plan for global tech standards Premium
Tencent signals tech crackdown will wind down only gradually Premium
Singapore to roll out biometric verification for travellers departing Changi Airport Premium
SG cops: Scammers impersonate PayPal in new variant of tech support scam Premium
Complaints related to telecommunication services increasing, says MCMC Premium

Others Also Read