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, […]

Thilawa SEZ Shares Sold Out Following Strong Demand

YANGON — Demand for shares in Myanmar Thilawa SEZ Holdings Public Limited has been higher than expected and the firm has reached its goal of raising US $21 million in capital after shares went on sale in March, a government official said. Thilawa SEZ Management Committee Chairman Sett Aung told reporters during a press conference […]

Dawei SEZ impeded as Italian-Thai incapable to finance alone

DAWEI—Myanmar is going to invite more international investors to participate in the Dawei Special Economic Zone Project as Italian-Thai Development (ITD) has proved unable to fund it alone, officials told a press conference on Monday. The implementation of Dawei SEZ and its related projects has been delayed as ITD faces financial constraints. The project is […]

Myanmar, Japan to sign joint venture for Thilawa SEZ

A joint venture agreement for the second phase of Thilawa Special Economic Zone (SEZ) will be signed by Japan and Myanmar in October, according to the Thilawa SEZ Management Committee. “We are going to sign a contract in October to establish a joint venture company organised by the governments of Myanmar and Japan, the public […]