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 underwritten the remaining more than US$52 million.
The number of zones increased from 10 in the 2013-2014 fiscal year to 12 in 2018, with an estimated total investment of US$43.77 billion and registered capital of US$14.30 billion.
As of 2018, the zones had attracted actual investment capital of almost US$5.7 billion, according to a report presented at the second meeting of the Party Committee of the SEZ Promotion and Management Office on Monday (Feb 3).
