Lao Bao border economic zone lures more projects
1/14/2013 7:19:33 AM

The Lao Bao special economic zone in the central province of Quang Tri has attracted 47 projects worth US$164 million, 34 of which are already operational.

Trade though the Lao Bao border gate has also seen constant growth, rising from US$23.6 million in 2007 to US$70 million last year. 

The Lao Bao gate is the starting point of the East-West Economic Corridor linking Myanmar, Thailand, Laos and Vietnam. 

The Quang Tri provincial People’s Committee has therefore called on ministries and agencies to help upgrade Lao Bao infrastructure pursuant to the Prime Minister’s plan for border gate economic zone development through 2020.

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