Sign up | Log in



Home  >>   Daily News  >>   Laos >> Labour >>Laos SEZs prove to be major job generators
NEW UPDATES Asean Affairs  13 October  2015  

Laos SEZs prove to be major job generators

SIXTY-FIVE companies from Laos and foreign countries including Thailand at the Savan-Seno Special Economic Zone have created over 4,500 jobs for local people.

According to Thongsay Sayavongkhamdy, a senior official from the Savannakhet provincial authority, from now until 2020, both local and overseas companies are expected to hire another 15,000 locals.

During the 8th provincial Party Congress, he said investment in the Savan-Seno Special Economic Zone is now booming, with 65 companies having registered to operate there.

"The number of registered companies is actually more than 65 but these are the most active companies," he said.

According to Thongsay, the foreign companies registered at the zone come from Canada, the Netherlands, France, Japan, the Republic of Korea, Hong Kong, Malaysia, Thailand and Laos. He said that many of these foreign companies still want to hire more Lao employees.

Thongsay said Japanese multinational corporations Nikon and Toyota recently decided to build factories in the Savan-Seno Special Economic Zone, as Laos becomes more closely integrated with the region and the world. Nikon, a Japanese multinational corporation headquartered in Tokyo, has decided to build a factory in the zone to reinforce its digital SLR camera-manufacturing organisation and reduce costs.

Toyota and other leading companies from the region are also relocating their factories to Laos.

The Savan-Seno Special Economic Zone was established in 2003. Special and specific economic zones have become the main driver of growth in the industrial and service sectors in Laos, laying the foundation for diversifying the nation’s economy into the future. The development of these zones is part of the Laos government's policy to boost economic growth and generate job opportunities for local people through modernisation and industrialisation.

Laos currently has 11 such zones, including the That Luang Marsh specific economic zone in Vientiane, Savan-Seno special economic zone in Savannakhet province, Golden Triangle special economic zone in Bokeo province, Boten Dankham specific economic zone in Luang Namtha province, Vientiane Long Thanh Golf Course in Vientiane, the Phoukhiew specific economic zone in Khammuan province and Pakxe-Japan Specific Economic Zone in Champassak province.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           October 13 , 2015 Subsribe Now !
• Gov't improves supervision of SoE investment Subcribe: Asean Affairs Global Magazine
• IFC to finance $40m Myanmar-based gas turbine project
• SGX to conduct review of listed companies' annual reports 
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Philippine firms on billion-dollar global shopping spree
• Laos SEZs prove to be major job generators
Asean Analysis                   September 24, 2015
• Asean Analysis September 24, 2015
Advertise Your Brand

Asean Stock Watch  October 12,   2015
• Asean Stock Watch-October 12, 2015
The Biweekly Update
• The Biweekly Update September 18, 2015

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand