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Lao Bao border economic zone attracts 47 projects

The Lao Bao special economic zone in the central province of Quang Tri has attracted 47 projects worth 3.4 trillion VND (164 million USD), 34 of which are already operational.
The Lao Bao special economic zone in the central province of QuangTri has attracted 47 projects worth 3.4 trillion VND (164 millionUSD), 34 of which are already operational.

Trade though theLao Bao border gate has also seen constant growth, rising from 23.6million USD in 2007 to 70 million USD last year.

The Lao Baogate is the starting point of the East-West Economic Corridor linkingMyanmar, Thailand, Laos and Vietnam.

The Quang Triprovincial People's Committee has therefore called on ministries andagencies to help upgrade Lao Bao infrastructure pursuant to the PrimeMinister's plan for border gate economic zone development through2020. -VNA

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