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Kamigumi to create a bulk terminal at Thilawa Port in Myanmar

Kamigumi will establish a terminal operating company named International Bulk Terminal (Thilawa) Co. Ltd (IBTT) – mainly focusing on the handling of grain, feed and other bulk cargo at the Thilawa region of Yangon port in Myanmar as a joint venture with Lluvia Limited of Myanmar, which is a joint venture between Mitsubishi Corp. of […]

Qatar Airways to boost Myanmar garment export

Qatar Airways Cargo has commenced direct freighter service to Yangon, Myanmar – providing more than 60 tonnes of cargo capacity on the Doha-Yangon-Doha route. The carriers acting chief officer Cargo, Guillaume Halleux, said: “We are delighted to launch our eighth freighter destination for 2017, in line with our strategic expansion to our network and fleet. […]

Japan constitutes nearly half of FDI in Thilawa SEZ

Japan has put investments of US$468 million into Thilawa Special Economic Zone (SEZ) so far, accounting for over 43 per cent of total foreign direct investments, according to Myanmar Japan Thilawa Development Limited. Thailand was second with FDI of over $130 million. The manufacturing industry attained the highest FDI of over US$773million, followed by the […]

Prospect for manufacturing in Myanmar

YANGON — As chairman of the Hlaing Tharyar Industrial Zone, U Myat Thin Aung understands the challenges facing Myanmar’s manufacturing sector. Despite concerns about whether local manufacturers will be able to compete when the country becomes part of the Asean Free Trade Area next year, however, Hlaing Tharyar—Yangon’s largest industrial zone, with nearly 600 factories […]