12 April 2017
LAOS: Greater Transparency Promised for Streamlined SEZ Investment Procedures
Procedures for investing in the country’s 12 Special Economic Zones (SEZs) are set to be streamlined and made more transparent in a bid to both boost the confidence of would-be investors and to reduce the scope for corrupt practices among public officials.
The new regulations are also said to be more readily comprehensible by SEZ management committees, with several of them having struggled to properly enact previous legislation.
An official date for the adoption of the new regulations has yet to be announced.