Govt to seek parliamentary approval for Yangon SEZ

The union government will seek approval from union parliament to establish Yangon Special Economic Zone on about 20,000 acres of land covering Dala, Kawhmu and Kungyangon townships in Yangon Region, according to a development proposal plan of the region.

Currently, the Yangon region government is holding a series of work coordination meetings on the implementation of Yangon SEZ project that will include deep-sea port construction.

Over 20 development projects have been proposed for the region with the aim of improving industrial sector, creating job opportunities, improving trade sector and ensuring easy flow of foreign exchange. The projects include housing improvement, new town plans, industrial zones, dry pots, Nyaunghnapin industrial zone, elevated road project and 11 industrial zones outside the municipal area.

However, a new Yangon city project has less potential for implementation following a remark made by President Win Myint. Meanwhile, some of those proposed development projects are also facing opposition.

The all-round development proposal plan also includes four projects to be implemented in Dala, Kawhmu and Kungyangon townships, including construction of Yangon-Dala bridge that will connect city centre and Dala.

As part of agriculture and livestock breeding sector, the proposal plan includes agri-business centres in the townships of Hlegu, Dagon Seikkan, Kayan/Thonegwa, Kungyangon, Twantay and Kawhmu, a 10,000-acre project for fishery development in Twantay, Kungyangon and Kawhmu townships and a 500-acre multi-purpose port project and an industrial zone project in Kawhmu Township.

Source: Eleven Myanmar

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