Investment proposals of 45 companies in Thilawa SEZ

A total of 45 companies from 11 countries have outlined their investment proposals for Thilawa Special Economic Zone, a major industrial complex located on the outskirts of Yangon. “These companies already sent us letters of confirmation to invest in Thilawa SEZ. They are from various countries. One is a US company. Others are from Thailand, […]

DICA confident of hluttaw approval on combined investment law

A planned amalgamation of two of Myanmar’s investment laws is set to proceed smoothly ahead of the ASEAN Economic Community in 2015, making it easier for both foreign and local investors to conduct business under a more modern and comprehensible framework, a senior government said. The current rules, which are set under the 2012 Foreign […]

Burma to Allow Foreign Banks to Begin Some Operations Next Year

Ground clearance and basic infrastructure preparation work has begun on an industrial estate inside the Thilawa Special Economic Zone, said the Japanese Kyodo News agency. A ceremony marking the start was attended by Japan’s Mitsubishi Corporation, Marubeni Corporation and Sumitomo Corporation plus nine Burmese business partners and Naypyidaw government representatives, said Kyodo. Mitsubishi, Marubeni and […]