Myanmar gets new SEZ law

In an effort to draw more foreign interest in Myanmar’s future Special Economic Zones (SEZ), the state-run media last week announced the promulgation of a new SEZ law, superseding the relevant laws adopted by the former military regime in 2011. “The new law seems to decentralise decision-making to the SEZ committee, so that central government […]

Japan nears Dawei participation call

Japan aims to make a decision on the level of its involvement in the Dawei Special Economic Zone project by November, Myanmar officials said. The world’s third-largest economy is mulling possible technical assistance or Official Development Assistance (ODA) support to the SEZ, said U Set Aung, deputy minister for National Planning and Economic Development at […]

Myanmar-Thailand expressway to be upgraded to four lane road

Myanmar-Thailand expressway will be upgraded to a four lane road in ten years time, according to a report of Dawei Special Economic Zone Implementing Project. The expressway was originally constructed by the Italian-Thai Development Company as an earth road, according to Vice President of Central Bank Sett Aung. Currently they are seeking overseas investors to […]