Comparative Costs

Comparative Costs Between Savannakhet Special Economic and Industrial Park vs Neighbouring Country

CategoryNeighbouring CountrySavan Park
WaterUSD 0.47-0.65/m³USD 0.65/m³
ElectricityDepending on region and timing USD 0.08-0.09/UNTUSD 0.09/KWH
Land Lease and Lease PeriodDepending on region and location USD 0.45/m² - 1.00/m² per month 30 or 50 yearsUSD 0.46 - USD 0.53 / m² / year.
SalaryGeneral worker : USD 110-185 (inclusive allowances)
Graduate or Engineer : USD 250-375 (inclusive allowance)
General worker : LAK 900,000 ( approx. USD 112.00).
Graduate or Engineer : USD 200.00 - USD 250.00
Tax IncentivesProductions Sector: three years exemption and two years at 50% rate; or three years tax examption and three years at 50% rate

Commerce Sector: wholly foreign owned companies not allowed (as of 2007), local owners or partners required for business registration
2 to 10 years of tax exemption. ( Depending on business activity
Application Aprroval PeriodBetween three months and one years5 working days
Other taxesApplicableTax free (within incentive period)
Labour duty : foreigners 5%
Transfer ConditionNot availableTransfer can be made upon completion of payment for 75 years lease (must inform the committee)