SAVAN PARK STORY

Our History and Milestones

📜 2003
🤝 2008
🏗️ 2010
🎉 2011
🏢 2014
🚚 2016
🏆 2016
🇱🇦 2017
🏅 2019
🤲 2021
🛡️ 2022
🌐 2023
SAVAN PARK

History

On February 24, 2008, the Lao government and Pacifica Streams Development Co., Ltd. of Malaysia signed the first economic and trade agreement to research and develop a new commercial and industrial center in Savannakhet Province of Laos.

Under the agreement, Pacifica Streams Development Co., Ltd. and the Government of the Lao PDR established a joint venture, Savan Pacifica Development Co., Ltd., to develop and operate the Savannakhet Special Economic Zone.

With the objective of promoting the development of the Savannakhet Special Economic Zone, Savan Pacifica Development Co., Ltd. introduced new approaches to economic development and management, supporting the transition toward a market-oriented economy and promoting foreign direct investment in Laos.

As a development partner, Savan Pacifica Development Co., Ltd. works closely with the central and provincial governments to establish the Savannakhet Special Economic Zone Authority (SEZA), which is responsible for the joint management, supervision, implementation, and assessment of relevant national policies and regulations, including those concerning labor and environmental matters.

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