Thilawa SEZ receives 40 firms from 11 countries

Myanmar’s attempts to become a manufacturing hub are likely to come true in a few years as 40 firms from 11 countries have so far signed an agreement to invest in its major special economic zone. Thilawa SEZ is still attractive to international firms as 83.4 per cent of its Phase I implementation was completed […]

Foreign money flows into Myanmar

YANGON — Foreign companies are making a full-fledged inroads into Myanmar, spurred by rising wages in Thailand and other neighbors and the establishment of industrial parks there. This year is expected to bring the greatest amount of investment by Japanese and other foreign firms in Myanmar’s history, but many problems remain to be solved, including […]

Thilawa impact studies will be released in full

The environmental and social assessments conducted for phase two of the Thilawa Special Economic Zone will be made available to the public in their entirety, said reps from the Japanese and Myanmar companies tasked with the project. ERM-Environmental Resources Management (Japan) Limited and Myanmar’s E-Guard Environmental Services Co made the promise to residents at an […]

Foreign companies show growing interest in Thilawa SEZ

A total of 45 companies from 11 countries – including Japan and the United States – have submitted proposals to invest in the Thilawa Special Economic Zone (SEZ), a major industrial complex located on the outskirts of Yangon. More than 17,000 intended subscribers offered to buy a total of more than 4 million shares, at […]

Thilawa SEZ Shares to Go on Sale to Raise $21 Million

Shares of Myanmar’s Thilawa Special Economic Zone (SEZ) will go on sale in March in a bid to raise $21.8 million to fund the first phase of construction of the SEZ near the country’s commercial hub Yangon. The plan was announced last week at a news conference by U Set Aung, chairman of Thilawa SEZ […]