Risks loom for Myanmar’s Kyaukphyu Economic Zone

The end of 2015 saw a series of major announcements and decisions regarding Myanmar’s latest special economic zone (SEZ) in Kyaukphyu township of Rakhine State. In late December, Myanmar’s government approved the demarcation of land for the SEZ and awarded tenders to develop the SEZ to a CITIC Group-led consortium. Untitled The Kyaukphyu SEZ is […]

Keeping the FDI spigot flowing in Myanmar

After emerging from nearly half a century of economic isolation, Myanmar has become an investment darling thanks to reforms launched by military leaders four years ago. The surge in foreign direct investment (FDI) has been substantial despite restrictions remaining in some sectors and uncertainties surrounding the upcoming general election. Even though some investors have adopted […]

Myanmar garment workers long for ‘manufacturing renaissance’

YANGON, Myanmar – Wearing an expression of intense concentration, Myanmar garment worker Htet Myat Nyein stitches jackets bound for wealthy foreign high streets, part of a booming industry fuelling much of the country’s modernization drive. “I learned to sew at this factory,” she tells the Agence France-Presse, her soft voice almost lost in the clatter […]

Japanese company to build logistics centre at Thilawa

Japanese company Daizen Myanmar will soon start construction of a logistics hub in Thilawa Special Economic Zone (SEZ). Thilawa, which is around an hour’s drive to the south of Yangon, is to become Myanmar’s first operational SEZ. The 2,400-hectare zone is jointly owned by Myanmar and Japanese public and private sector investors. Daizen Myanmar has […]

Myanmar stitching a new economy

YANGON: Wearing an expression of intense concentration, Myanmar garment worker Htet Myat Nyein stitches jackets bound for wealthy foreign high streets, part of a booming industry fuelling much of the country’s modernisation drive. “I learned to sew at this factory,” she says, her soft voice almost lost in the clatter of sewing machines at the […]

Myanmar launches Thilawa industrial zone

THANLYIN, MYANMAR — Dignitaries from Myanmar and Japan on Wednesday launched the first phase of a huge industrial zone on the outskirts of Yangon, as the long-isolated nation pushes to rapidly accelerate its industrialisation. Housing everything from children’s toy manufacturing to a car assembly plant and a deep-sea port, the Thilawa Special Economic Zone (SEZ) […]

All is not smooth on the Silk Road

A new deepwater port that is planned in Myanmar could provide a big boost to the China-backed Maritime Silk Road (MSR) initiative. Yet, the problems being encountered in setting up the port at Kyaukphyu also show that overcoming ‘soft’ impediments posed by a downturn in China-Myanmar diplomatic ties, issues of human displacement, and environmental protection […]