KPL
(KPL) Four companies have announced their presence at the Savan-Seno Special Economic Zone (SEZ) at a ceremony held on 10 June at the economic zone in the presence of Deputy Minister and Vice President of the Lao National Committee for Special Economic Zones (NCSEZ) Ms Bouatha Khattiya, and relevant officials.
The four companies include the law consulting company Savan TVS Consultant Co., the real estate company Lao NISHI MATSU Construction Co., a representative office of TOYO ROZAI Co., and a representative office of the NIPPON KOEI Co.
Savan-Seno Special Economic Zone Site C model
(KPL) Four companies have announced their presence at the Savan-Seno Special Economic Zone (SEZ) at a ceremony held on 10 June at the economic zone in the presence of Deputy Minister and Vice President of the Lao National Committee for Special Economic Zones (NCSEZ) Ms Bouatha Khattiya, and relevant officials.
The four companies include the law consulting company Savan TVS Consultant Co., the real estate company Lao NISHI MATSU Construction Co., a representative office of TOYO ROZAI Co., and a representative office of the NIPPON KOEI Co.
To sustain high economic growth and to achieve the MDGs necessary to graduate from least developed country status by 2020, the Government decided to introduce the first SEZ by issuing Prime Ministerial Decree No.148/PM, on Sep 29, 2003 for the Savan-SENO Special Economic Zone (SaSEZ) as a critical means to mobilize investments in non-resource based sectors.
Currently, SaSEZ is comprised of 4 Sites: A, B, C & D.
Tax & Customs Duties Exemption:
Taxes & customs duties exempted for all exported manufactured products and all imported raw materials, construction materials, and equipment to be used for manufacturing and construction.
One per cent import duty on vehicles used for administrative purposes.
Land Leasing Policy:
Maximum 99 year lease period, extendable upon approval by the Special Economic Zone Authorities (SEZA), featuring a 12 year lease exemption that is sub-leasable within the lease period.
KPL
