Myanmar stands to gain from the ongoing trade spat between China and the US, U Than Aung Kyaw, deputy director general of the Directorate of Investment and Company Administration (DICA), said yesterday. Interest to set up manufacturing and production facilities in Myanmar among the Chinese has risen ever since the US this month imposed a […]
More Japanese companies to invest in Myanmar: Thilawa Special Economic Zone
More Japanese companies to invest in Myanmar: Thilawa Special Economic Zone Sawako Utsumi and Lee Jay Walker Modern Tokyo Times Increasing numbers of Japanese companies are investing in the Thilawa Special Economic Zone (SEZ) in Myanmar. Of course, this SEZ is especially important for Japan because it highlights the importance of Myanmar to political elites […]
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 […]
Suu Kyi Government Brings Back Myanmar’s ‘Mr. SEZ’
YANGON — Myanmar’s government has brought a key architect of the previous administration’s economic policy back into the fold, aiming to bolster confidence in the business community. President Htin Kyaw’s office on Monday announced the appointment of Set Aung, until recently the deputy governor of the central bank, as deputy minister for national planning and […]
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 […]