Singaporean Company to Support a More Secure Data Centre in Myanmar

​​ Singaporean data center specialist 1-Net signed an agreement with broadband service provider Burst Myanmar last week to provide operational support for their Tier IV data centre, which is under construction at the Thilawa Speacial Economic Zone (SEZ). As part of the agreement, 1-Net will provide 24-hour-a-day services including data security, network best practices and […]

Thilawa SEZ Receives US$900 Million in Foreign Investment

​​ RANGOON — Japan-backed Thilawa Special Economic Zone (SEZ) in Rangoon’s Thanlyin Township has received more than US$900 million in foreign investment since its launch in 2014, said a recent report issued by the Myanmar Investment Commission (MIC). “Since the start of the operation, the SEZ has received US$903 million foreign investment,” MIC secretary U […]

Millcon Thiha GEL Foresees Advantages in Being Steel First-Comer in Myanmar

MILLCON THIHA GEL is bullish that international development banks’ planned projects in Myanmar and demand from new factories to be constructed in Thilawa Special Economic Zone will keep its newly completed steel plant busy in the very near future. The company last week officially became the first manufacturer of industrial-grade steel products in Myanmar, being […]

68 companies approved to invest in Thilawa SEZ

A total of 68 companies have been approved to invest in the Thilawa Special Economic Zone (SEZ), according to an announcement released by Thilawa SEZ Management Committee. The granting of a permit to work in the areas of a first-phase project on 400 acres of land in Thilawa SEZ was issued during the second week […]

Suzuki to make and sell high-end cars in Thilawa

Suzuki will manufacture highend cars next year at an auto manufacturing factory in Thilawa Special Economic Zone (SEZ), said Mr. Takayuki SuJiyama, Managing Director of Suzuki (Myanmar) Motor Co. Suzuki has already firmly established itself in the Myanmar automobile market and now plans to fulfill the need for all types of cars, Mr. SuJiyama said. […]

Myanmar’s Road Construction Plans: Potholes Ahead

Despite a proven wealth of natural resources and a large, albeit suppressed, domestic market, Western interest in Myanmar has so far been limited. Asia, however, is taking far more notice. While immediate neighbors China and Thailand look to promote their own regional priorities in Myanmar, East Asian nations, such as Japan and South Korea, have […]

Emerging markets telecom news and analysis – Developing Telecoms

Myanmar-based broadband provider Burst Networks has ordered a multi-million dollar data centre from Flexenclosure. The Danish infrastructure specialist is delivering its eCentre solution, a customised prefabricated modular data centre. The centre will be constructed in the Thilawa Special Economic Zone (SEZ) on the outskirts of Yangon and will be the first ever Tier 4 data […]

US$ 258 million in Japanese investments made into Thilawa Special Economic Zone

JAPANESE companies have invested over US$ 258 million in 25 enterprises operating out of the Thilawa Special Economic Zone beginning from November of the 2014-201 FY to July 2016, according to Directorate of Investment and Company Administration. The total invested amount in the Thilawa (SEZ) is currently US$830 million from 14 foreign countries. Singapore tops […]

India plans to set up SEZ in Myanmar

NEW DELHI: It is not just Iran’s Chabahar port and connectivity to Eurasia that has caught attention of the Modi government. India plans to set up a SEZ in Sittwe in Myanmar where it has already built a port. The proposed SEZ by India will rival Chinese SEZ located 80 km down of strategically-located Sittwe […]

Three to seven year tax holiday period to be granted

TAX holidays will be granted for three to seven years, it has been learned. Authorities have been formulating a Myanmar Investment Law (Draft), which will grant tax exemptions to foreign direct investments excluding those made in Special Economic Zones (SEZs). The division of zones is based upon the development status of regions and states with […]