Please note: you are viewing an old version of this deal. The current version can be found here: Deal #6586
Deal #6586 Version #76222
Lao PDR
Created at
2015-08-03
Last update
2021-11-24
Last full update
2022-09-28
Land area
Intended size
7 000 ha
Comment on land area
The provincial authorities have allocated 7,000 hectares for the potential development, which will be divided into four zones: Zone A (480 hectares), Zone B (797 hectares), Zone C (2,120 hectares) and Zone D (3,678 hectares). Each zone is designed to accommodate different business activities.
Intention of investment
Intention of investment
- [2015-01-01, current] Tourism (7000.0 ha)
Comment on intention of investment
Khonphapheng Special Economic Zone (SEZ)
Nature of the deal
Nature of the deal
Concession
Negotiation status
Negotiation status
- [2015-01-01] Intended (Memorandum of understanding)
- [2017-08-01] Intended (Memorandum of understanding)
- [2018-01-01] Intended (Under negotiation)
- [2018-10-01, current] Concluded (Contract signed)
Comment on negotiation status
A Memorandum of Understanding was signed between the government and the Guangdong Yellow River Industrial Group in August 2017 allowing the company to conduct a feasibility study for the development as well as project designs. When this MoU ended and the company presented the results of the study, the provincial government approved but, as of January 2018, the company is still waiting for approval from the national government. In October 2018,
Implementation status
Implementation status
- [2018-10-01, current] Project not started
Comment on implementation status
According to the strategic agreement between the Laos authorities and the mainland contractor, the SEZ will be built in two phases, with the first scheduled to be completed by 2025. This initial stage will focus on ensuring all the zone's required infrastructure is in place, including roads, utilities and drainage facilities.
The second phase will then involve the construction of the actual on-site commercial properties, including several restaurants, a shopping centre and range of other tourism-related businesses. Over the long-term, there are also plans in place to construct a dedicated air-transport facility.