Local and Foreign Investors

US$1 billion smart city project kicks off with agreement

September 2, 2019 by Thiha

The government through the Ministry of Construction and Bangkok-based Amata Corp pcl signed a framework agreement on August 22 to jointly develop the Smart and Eco City located in East Dagon township, northeast of downtown Yangon. Although termed an industrial zone project, the US$1 billion Smart and Eco City’s first phase of 2,000 acres comprises […]

Filed Under: Latest News Tagged With: Bangkok-based Amata Corp pcl, Develop, East Dagon Township, Income, industrial zone, Local and Foreign Investors, MInistry of Construction, Smart and Eco City, sustainability, Yangon, Yangon Amata Smart and Eco City Ltd (YASEC)

More investments needed for expansion in food-processing industry

March 15, 2019 by Thiha

The Myanmar processed food industry needs more investment support in order to develop further, U Aye Win, chair of the Myanmar Food Processors and Exporters Association, told The Myanmar Times. Currently, Myanmar processes basic raw commodities such as rice, beans, maize and other agricultural products. Excess products are exported. However, the country also imports value-added […]

Filed Under: Latest News Tagged With: ASEAN economic community, basic raw commodities, Develop, Exports, food-processing industry, funds, higher value food products, investments, Japan International Cooperation Agency (JETRO), Local and Foreign Investors, Micro. Small and Medium Enterprise (MSME), Ministry of Planning and Finance, Myanma Economic Bank lends, Myanmar, Myanmar Food Processors’ and Exporters’ Association

Kayin State opens tender for Hpa-an mall

May 10, 2018 by Thiha

The Kayin State government is calling tenders for building the first shopping mall in the state capital of Hpa-an, a senior planning official said. U Than Naing, minister of the municipality as well as of the planning and finance departments of the state government, said the project was planned to be built within a two-and-a-half-year […]

Filed Under: Latest News, Tenders & Awards Tagged With: agriculture, clinics, community-based tourism and border-trading, export of gems, Hpa-an mall, Infrastructure Projects, international-standard hotels, Kayin State, Kayin State government, Local and Foreign Investors, Mae Sot, Mawlamyine, minister of the municipality, Mon State, Myawaddy, Myawaddy Border, old highway bus station, private hospitals, tender, Tender Cooperating Committee, Thailand’s Chamber of Commerce, U Than Naing

Myanmar courting global producers

January 12, 2017 by Thiha

The Myanmar authorities have sped up efforts in recent months to increase the country’s attractiveness for global manufacturers. The latest move was revealed in September by the Myanmar Investment Commission (MIC) and concerns the move to allow local and foreign investors into industrial zones across the country. This follows requests by companies from Hong Kong […]

Filed Under: Latest News Tagged With: agricultural sector, Aung Naing Oo, Aye Thiha, Bago, Bangkok Bank seminar, chief executive officer of Thiha Group, commission secretary, DICA, Directorate of Investment and Company Administration, FDI, Foreign Direct Investment, foreign-owned factories, garment factories, global manufacturers, Hong Kong, industrial zones, Internal Revenue Department, Japan, land prices, Local and Foreign Investors, MIC, Myanmar and foreign investors, Myanmar Garment Entrepreneurs Association, Myanmar investment commission, Nattawin Phongphetrarat, Nilar Kyaw, Pakainay Leng-Ee, Shan State and Mandalay Region, Small- and Medium-Sized Enterprises, South Korea, Strategic Urban Development Plan, Thailand-based Millcon Steel, the director of the Urban Planning Department, The European Union, Thilawa Special Economic Zone, Toe Aung, vice president of the Thai Business Association in Myanmar, Yangon, Yangon City Development Committee, YCDC

Myanmar gets new SEZ law

February 5, 2014 by thiha

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 […]

Filed Under: Latest News Tagged With: Advisory Board, Advocate, Dawei Project, Decentralize Decision-Making, economist, Foreign Interests, Income Tax Exemption, Italian-Thai Development Company, Japanese Investors, Kyaukphyu SEZ, Local and Foreign Investors, Management Committee, Myanmar, New SEZ Law, Prominent International Consultant, Seven Years, SEZ Committee, special economic zone, Thilawa SEZ, U Maung Aung, U Than Maung