Arrangements are being made for development of the Dawei Special Economic Zone (SEZ) and Kyaukphyu SEZ projects to resume, said U Khin Maung Cho, Minister for the Ministry of Industry, on behalf of the Ministry of Commerce at the Pyidaungsu Hluttaw. The government has been exploring ways to restart development of the US$8 billion Dawei […]
Myanmar gets new SEZ law
In an effort to draw more foreign interest in Myanmar’s future Special Economic Zones (SEZ), the state-run media last week announced the promulgation of a new SEZ law, superseding the relevant laws adopted by the former military regime in 2011. “The new law seems to decentralise decision-making to the SEZ committee, so that central government […]
Myanmar-Thailand expressway to be upgraded to four lane road
Myanmar-Thailand expressway will be upgraded to a four lane road in ten years time, according to a report of Dawei Special Economic Zone Implementing Project. The expressway was originally constructed by the Italian-Thai Development Company as an earth road, according to Vice President of Central Bank Sett Aung. Currently they are seeking overseas investors to […]