Focusing on knitwear and footwear enterprises, the park will make full use of Laos' advantages such as low labour costs, strong tax incentives, high political stability and national security, and the ability to effectively avoid trade barriers in Western countries, to attract the head of the industry to move into the park.
Clothing and footwear has a good industrial base in Laos, and the export value of clothing and footwear products in Laos from January to August 2022 reached 220 million US dollars and ranked 5th among the exported commodities. This kind of industry is characterised by fast production speed, large number of workers, low technical threshold and good scale effect, which is more suitable for the current economic development of Laos...