Investment grows at SEZs
Over US$1 billion has been disbursed in various business activities and the development of special and specific economic zones, driven by growing regional economic integration. Almost 300 companies from Laos and overseas are now investing in the SEZs, with a total registered capital of almost US$8 billion, of which US$1.62 billion has been spent. The Lao National Committee for Special Economic Zones unveiled its latest report recently, showing that SEZs in Laos have become increasingly attractive to foreign investors due to tax incentives and infrastructure improvement. While SEZs have seen a lot of progress, some are still in the initial stages of development since they are building and installing the necessary infrastructure to accommodate local and foreign entrepreneurs, such as roads, water supplies, electricity and other facilities.
