Deal #6586 Version #76217

2015-08-03

Vientiane Times report on 03/08/2015: "The government has approved the establishment of Khonphapheng waterfall and the surrounding area in Khong district of Champassak province as a new special economic zone (SEZ) in Laos. Senior officials in charge of the project gave confirmation of the approval recently. Governor of Champassak province Dr Bounthong Divixay told Vientiane Times on Friday that the next step is to seek developers and establish the management board of the zone. “Our government has signed for the establishment of the zone which will pave the way for the next stage of the project development,” Dr Bounthong said. Entrepreneurs have strongly expressed investment interest in this zone for years pending the government’s decision to approve the establishment of the zone. [...] The provincial authorities have allocated 7000 hectares for the potential development, which will be divided into four zones: Zone A (480 hectares), Zone B ( 797 hectares), Zone C (2120 hectares) and Zone D (3678 hectares). [...]"