Special economic zones attracting fewer foreign investors
Foreign investor interest in Lao special zone economic zones is currently less than previous years as most try to come to grips with local regulations. Vientiane Industry and Trade Area Special Economic Zone, at Km22 Nonthong in Xaythany district is one of zones facing this problem, VITA Park President, Mr Sibounheuang Vienheuangphay told Vientiane Times reporters during a visit to the zone last week. Over the last few years, many foreign investors especially from China, Japan and Thailand have come to obtain information regarding conditions, potential and facilitation of investment in the zone but now only some have actually invested, he said.
