TEEMA to invest NT$14 billion in Myanmar

TAIPEI, Taiwan — To tap the business potential of Myanmar, the Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA) recently decided to invest NT$14 billion to develop an industrial park in southern Myanmar. The Economic Daily News earlier cited industry insiders to report that the park is in Myanmar’s southern Irrawaddy Division. TEEMA (台灣區電機電子工業同業公會) said it […]

Taiwanese Firms Look to Cash In on China’s Strained Relations with Myanmar

Tiny Taiwan is bidding to upstage its giant neighbor by investing heavily in Myanmar while the Southeast Asian nation’s relations with China remain cool. After a series of recent small-scale Taiwanese investments, the Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA) has announced plans to spend nearly half a billion dollars developing an industrial park in […]

Hong Kong manufactures to set up garment park in Myanmar

Garment manufacturers from Hong Kong have entered into an agreement to set up their first industrial park in Myanmar, reports the South China Morning Post. The apparel park would be set up on 200 hectare area in Yangon, the former capital of Myanmar. The park would be part of the 400-hectare Thilawa Special Economic Zone, […]