Japan Awakes to Revamped Dawei

YANGON — After last week’s takeover of the proposed Dawei port and economic zone project by the Myanmar and Thai governments, Japan’s government and private sector are taking a renewed interest in the project after previously appearing lukewarm to the proposition. “Dawei Special Economic Zone [SEZ] is a very important project for the region,” said […]

Ahead of Elections, Thilawa Pitched as Jobs Booster

YANGON — Officials hope that the soon-to-start “Special Economic Zone” at Thilawa near Myanmar’s commercial capital Yangon will underpin a jobs boom in time for the country’s 2015 elections. Building work at the 6,000-acre Thilawa SEZ will begin soon, according to Set Aung, deputy governor of Myanmar’s Central Bank. Set Aung told The Irrawaddy that […]

US investment in Myanmar focus on natural resources, infrastructure and agriculture

Five broad sectors most interest American business people, including natural resource extraction and consumer goods manufacturing through companies such as Colgate, Pepsi Co and Coca-Cola, trade experts said. Other US interests lie in infrastructure development for electricity production and distribution, road construction, and agriculture; where US firms can provide mechanical equipment as well as seeds […]