Myanmar’s New Economic Zone Attracts Foreign Interest But Local Ire

YANGON (Thomson Reuters Foundation) – Looking north from Myint Win’s farm, across rice paddies and past bamboo huts, a massive new industrial development on the outskirts of Myanmar’s biggest city gleams in the distance. The buildings sprang up during the first phase of developing the Thilawa Special Economic Zone (SEZ), a 6,200 acre (2,500-hectare) industrial […]

Thilawa SEZ Construction Permit by July

Construction permits for Thilawa Special Economic Zone will be granted by July, U Set Aung, chairman of Thilawa SEZ Management Committee, said. Most of the countries seeking permit are from Asia, he added. A total of 45 companies from 11 countries have currently applied for permits for the 394-hectare (960 acres) Class A area, which […]

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 […]