Myanmar’s Yangon industrial parks lure Singapore, Thai and Korean investors

YANGON, May 14 (Eleven Media Group/ANN) – As there are 12 townships situated in municipal outskirts in Yangon Region, plans are underway to establish industrial zones in 11 township except Coco Island, said Yangon Region Chief Minister Phyo Min Thein. He said that there are keen investors from Singapore, Thailand and Korea. “For the development […]

International community eyes investing in industrial zones in Yangon

The international community has shown interest in establishing industrial zones in Yangon Region, according to the Directorate of Investment and Company Administration (DICA). “A lot of foreign investors want to set up industrial parks,” said Than Aung Kyaw, deputy director general of DICA. During the 14th regular meeting between Vice President Myint Swe and local […]

The construction of BCIM Economic Corridor vs. Myanmar

The BCIM Economic Corridor is the economic link connecting the Ganges River of India, the Ayerwaddy River of Myanmar, and the Mekong River of Indo-China. It is the lead bridge connecting the Pacific Ocean and the Indian Ocean. It is a market focus point for China, South and South East Asia. Therefore, building of the […]

NEC sets up base in Myanmar

Corporation is bringing its expertise in information and communications technology as well as social infrastructure to Myanmar with the opening of offices in Yangon in February and in Nay Pyi Taw. “There is tremendous growth potential in Myanmar and this is an opportune moment for NEC to contribute to the country’s IT needs,” Takayuki Morita, […]