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Myanmar, Thailand accelerate plans to link, electrify Dawei SEZ

Myanmar and Thailand will speed up development of a Special Economic Zone (SEZ) and deep sea port at Dawei in Tanintharyi Region, officials said during the 9th Myanmar – Thailand Joint Coordinating Committee meeting last week. Basic infrastructure such as roads connecting the SEZ to Thailand and necessities like electricity will be prioritised and carried […]

Industrial zones hampered by poor infrastructure but demand remains

Demand for Myanmar’s industrial zones beyond Yangon is bound to grow but poor transport and energy infrastructure have held back investments, a major study suggests. Business information firm Frontier Myanmar Research (FMR) last week at the Yangon Stock Exchange launched its Myanmar Industrial Zone Review, a study based on reviewing approximately 100 active, developing and […]

Yangon provides timeline, details of new projects

The Yangon Region Government will this year commence development of several new projects including the construction of two new townships and a Special Economic Zone (SEZ) in Yangon under the city’s Urban Development Master Plan. Among the projects slated for 2018 are two new townships – Kyee Myin Daing and Dala- as well as an […]

Government to link Dawei to Mawlamyine station

Myanmar will invest in building the necessary infrastructure needed to link Dawei in Tanintharyi Region to a power station in Mawlamyine in Mon State, enabling Dawei to gain access to electricity, said Dr Tun Naing, deputy minister at Ministry of Electricity and Energy (MOEE). This will involve a 60-mile, 66 kilovolt power transmission line linking […]

Yangon’s growing trade demands deeper port to ease logistics woes

A DEEP-SEA port with access to the commercial capital should be built to cater for significant volume increase in trade if Myanmar aspires to develop into a competitive import-export economy, logistics businesses from the European and Japanese chambers told The Myanmar Times. European logistics businesses have called for a deeper port to be constructed in […]

Deep-sea port needed for delta region to boost logistics

The recommendations are published in the position paper released by the European Chamber of Commerce Myanmar (EuroCham) in June as part of EuroCham’s annual White Book. The publication highlighted the need for Myanmar to establish deep-sea ports in order for the country to realise its geographical advantage and become a logistics hub in Asia. Despite […]

Urbanisation does not mean all roads lead to Yangon

Linking secondary cities to Yangon or Mandalay as well as smaller towns in the regions will filter down economy activity in the two big cities to local regions, the author of Urban Myanmar said. Urban Myanmar, a policy note published by International Growth Centre, outlines how cities in Myanmar can become drivers of economic growth […]

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 […]