THE SPECIAL ECONOMIC ZONE DEVELOPMENT IN VIENTIANE

Lao People's Democratic Republic
Peace Independence Democracy Unity Prosperity

VITA

NAM WEI DEVELOPMENT.CO.LTD.

Favorable Special Economic Zone for the Investors

•      Ideally located along the Route no.13 in Vientiane where the Wattay International  Airport , the Thanaleng Station - train station and the First Friendship Bridge are all near less than 30 miles.

•      Investors are fully protected under the laws enacted for the Special Economic Zone, the Lao’s Constitution and international agreements signed by the Government of Lao PDR. Investors’ properties cannot be nationalized.

•      The Special Economic Zone is installed with 110/22KV sub-station to ensure stable power supply.

•      The Government of Lao PDR will introduce a series of investment incentives – the highest tax exemption period is up to 10 years.

The Advantages for Choosing
the VIENTIANE special economic zone

•      Investors can benefit from the lowest and most favorable tax rates, and cut down their cost.
Tax free(within the incentive period)
Labor duty: foreigners 5%

•      Rent in the VIENTIANE special economic zone is lower than that in other Asia country.
Enterprise can using land for 30 or 75 years.
The duration of discount is the longest in the country, ready to help investors decrease the cost and achieve the maximum profits.

•      "Taiwan's Experiences in Development” are highly valued .
The VIENTIANE special economic zone will completely develop by Taiwanese Enterprises; therefore, the investors (especially Taiwanese investors ) can rest assured of their investments in Lao, and of the same excellent, thoughtful services as those they have always received in Taiwan.

•      Catch the business chances and pioneer the development of the VIENTIANE special economic zone , the economic center of Lao.
To meet the fast economic growth in Lao, the central government has made this region the focus of national development with many favorable taxing policies and relevant constructions of infrastructures. The VIENTIANE special economic zone , located in the VIENTIANE Province will famous for its superior geographical and political conditions, is going to be the most important industrial center in Lao in the near future.

Main Functions and Responsibilities of
the joint venture Development Company

•      To organize, plan and implement development in the VIENTIANE special economic zone.

•      To develop and construct infrastructure, commercial and industrial buildings for VIENTIANE Park.

•      To assist investors to gain high returns from investment under the Special Economic Zone’s incentive program.

•      To monitor and follow up on investment applications to ensure investors received response within five working days.

•      To provide a secured investment environment to safeguard the interests of investors.

•      To act as a medium between the Central Government and investors concerning investment related matters.

•      To offer investors the most effective logistic infrastructure to deliver goods to Thailand.

•      To arrange personnel recruitment and technical training to ensure high quality human resources for investors.

The first-phase development land to assign in the special economic zone

•    TOTAL (the area of special zone) :             110.0 ha

•    MAJOR CIRCULATION (use for the road) :      15.8 ha

•    GREEN ZONE (greening space)  :                        4.5 ha

•    FACTORIES (light, small, large factories) :         67.0 ha

•    COMMERCIAL (wholesaler) :                              7.6 ha

•    Zone administration and public buildings: 15.1 Ha, subdivides it as follows
CUSTOM COMPLEX (the customs and management centre area) :1.1 ha 
CUSTOMS EXAMINATION (the customs examines goods) :1.5 ha 
SEWAGE FARM (sewage treatment plant) :1.7 ha 
ELECTRIC & TELECOMMUNICATIONS (electric telecom area) : 0.5 ha 
WORKPEOPLE COMMUNICATE (staff‘s social area) : 2.1 ha 
RESIDENTIAL (dormitory area) :8.2 ha