doing business in myanmar – what you need to know as a singaporean
YANGON- A team led by the Japan International Cooperation Agency (JICA) is making a survey on the implementation of basic infrastructure, such as a deep sea port and electricity supply, in Dawei Special Economic Zone (SEZ), Taninthayi Region.
This is according to Dr Tun Naing, Deputy Minister of Electricity and Energy, who is also chairman of Dawei SEZ Management Committee.
JICA will be drawing up a report on project development in the SEZ to a June deadline.
The Dawei SEZ Management Committee was formed on October12, 2016. It comprises 12 members who are delegates of respective ministries and foreign experts and Dr Tun Naing as chairman.
The Thailand-based Italian-Thai Development Company started the SEZ project in 2008. After four years, the company reported financial difficulties and the Myanmar and Thai governments had to intervene. The project was suspended temporarily in November 2013.
The two governments signed a MoU in August 2015 for the construction of a two-lane road, water supplies, three power plants, a town plan, a telecommunications centre, a small port and a 27 square-kilometer SEZ.
The port, a five-storey apartment block, the road connecting Dawei and the Hteekhee border and a dam to supply water are finished. The construction of one more dam is ongoing.
The government has resumed talks with investors from Thailand and Japan, according to Dr Myint Han, deputy chairman of the SEZ Management Committee.
Source: Eleven Myanmar
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