60 pc of investments in Thilawa SEZ target local market

There are 85 local and foreign investments in Thilawa Special Economic Zone Project, with most of them targetting the local market. Sixty per cent (51 businesses) of the total investments target the local market, 29 per cent (25 businesses) traget the export market, and nine per cent service the distribution sector, according to Thilawa SEZ […]

Foreign firms have invested over $1bn in Thilawa SEZ

Foreign businesses invested more than US$1.075 billion in the Thilawa Special Economic Zone between November 2014 and June 2017, with over $773 million, or 71 per cent, in industrial the industrial sector, according to the Directorate of Investment and Companies Administration. Among the remainder of the foreign investment, $101.2 million went to the commodity trading […]

UK’s Prudential re-enters Myanmar

YANGON—Prudential plc, the UK-based international financial services group, announced yesterday that it has been awarded a licence to establish a representative office in the country’s commercial and industrial hub. The Directorate of Investment and Company Administration (DICA) on October 29 granted Prudential the licence to open a representative office. The office, which will be headed […]