Deal #4114

Lao PDR
Created at
2013-10-01
Last update
2022-08-18
Last full update
2022-08-18

Land area

Size under contract (leased or purchased area)
  • [current] 1640 ha
Comment on land area
Available infrastructure system; the project site is geographically located adjacent to Road A3 as a strategic route to connect to ASEAN+3 (China, Korea and Japan) In 2016, the zone covered 16.4sq km (1640 ha) but is now being extended to more than 700 ha Source: The Phnom Penh Post

Intention of investment

Intention of investment
  • [current] Tourism
Comment on intention of investment
Construction of Hotel, Casino, and trading service The zone will have separate areas for commerce, banking and finance, logistics, education and medical services, and tourism. Source: The Phnom Penh Post The project is considered part of China’s Belt and Road Initiative (BRI) Source: The People Map

Nature of the deal

Nature of the deal
Concession

Negotiation status

Negotiation status
  • [current] Concluded (Contract signed)

Implementation status

Implementation status
  • [2003, current] In operation (production)
Comment on implementation status
The status of the project now is under construction, partially operational. The Boten Beautiful Land SEZ (BSEZ) was established in 2003 and is the first cross-border economic cooperation zone between the government of P.R.China and Lao PDR. The zone owner said that so far they have invested more than $1 billion in the development of the site and they expect that more than $10 billion will be needed to complete construction. Source: The Phnom Penh Post & The People Map

Purchase price

Comment on purchase price
Land Rental Rate (During concession Period) in Boten SEZ: Land Type I: ≥ 5,000 kip/m2 , Land Type II: 2,500-5,000 kip/m2, Land Type III: ≤ 2,500 kip/m 2 Source: Lao SEZ