doing business in myanmar – what you need to know as a singaporean
The Government is inviting closed tender applications for various projects in the Kanyinchaung Economic Zone in Rakhine State, western Myanmar.
The projects in Lot One (1) include two security guard buildings, one 4-stall restroom. Lot Two (2) includes a 1.1 mile long pre-stressed concrete panel and post fence, and 190 concrete lamp posts with the length of 9 meters.
Interested bidders can submit applications to Kanyinchaung Economic Development Company formed by Family Aye Chan Company and Golden Key Company by August 25, or call 09-262977160 and 09795834325 for additional information. A memorandum of understanding (MoU) was signed with Rakhine State Government in May for development of the zone.
It will include storage facilities, cold storage, garment factories, offices buildings, residential building, an exhibition hall, and infrastructure like roads, ports, electrical grid, etc. Construction of the zone started with the build-out of infrastructure in December last year on an initial area of 100 acres.
The zone has many advantages. Kanyinchaung Economic Zone is about 2 miles northwest of Maungdaw Town on the Naf River where Kanyin Creek flows into it. Its location gives it easy access to the Bay of Bengal. A port in Bangladesh — which has a great demand for foodstuff — is only about 4 miles away. The jetty of Kanyinchaung Economic Zone can handle vessels of about 1000 tons.
Source: Myanmar Business Today
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