Vietnam, Laos prepare to set up joint cross-border economic zone

March 16, 2024

Under the draft project, the zone is expected to cover the Lao Bao Special Economic and Trade Zone in Quang Tri, covering 15,854 hectares, and the Savannakhet-based Densavan Border Trade Zone, which is 19km long along the Sepon River and 1km wide. A part of the Lao Bao International Border Gate in Quang Tri Province, northern Vietnam, is seen in this image. “In order to implement the project, Vietnam and Laos need to promulgate, adjust or synchronize relevant policies and mechanisms. Participants also emphasized the tackling of obstacles related to mechanism, policies and infrastructure for the new trade zone. The zone should be developed towards a ‘new model of free trade zone,’ which includes new-generation international logistics centers and green industrial parks, as well as smart and creative urban areas, many attendants said.

The source of this news is from Tuoi Tre News

Featured Jobs