Land dispute in Myotha industrial park nears end

Ninety percent of lands that were taken for an industrial project has been compensated for in the Myotha industrial park in Mandalay Region, said U Tun Soe, deputy staff officer of Land Records Department. The compensation for lands grabbed in the Myotha industrial park project is K2million per acre for farmlands with rights already granted […]

Yangon industrial complex on way

YANGON – Construction on a joint venture industrial complex between Japanese and Myanmar companies has gotten under way in Yangon with an official ribbon-cutting and groundbreaking ceremony. Upon completion in 2015, the industrial complex in the Thilawa Special Economic Zone, about 20 km south of central Yangon, is expected to draw businesses involved in apparel, […]

Construction starts on Japan-Myanmar JV industrial complex in Yangon

The construction of a joint venture industrial complex between Japanese and Myanmar companies started Saturday in Yangon with an official ribbon-cutting and ground-breaking ceremony held at the site. The industrial complex, located inside the Thilawa Sepecial Economic Zone, about 23 kilometers south of the city center of Yangon, is expected to draw businesses involved in […]

Myanmar turns to Japan, Thailand to kick-start stalled Dawei

(Reuters) – Myanmar is set to wrest control of its Dawei industrial complex from Thai company Italian Thai Development over its failure to attract investors to a strategically located, multi-billion dollar project tipped as a game-changer for regional trade. According to two sources involved in the Dawei Special Economic Zone (SEZ), plans have been overhauled […]

Japan, Myanmar inks deal to develop industrial complex

Japanese and Myanmar companies signed a deal on Tuesday to develop an industrial complex in the suburbs of Yangon, the largest city of Myanmar. Three Japanese companies, namely Mitsubishi Corporation, Marubeni Corporation and Sumitomo Corporation, will join hands with a public-private partnership between the government of Myanmar and local enterprises to develop the Thilawa Special […]