INVESTORS in Thilawa Special Economic Zone (SEZ) and Thanlyin residents now see the light at the end of the long tunnel, as a new bridge connecting the area with Yangon is scheduled to complete within four years. The new Bago River bridge, expected to become operational in 2021, will be built next to the existing […]
Eco-friendly and job-creating investment being given priority to invest in Thilawa
Myanmar- Japan Thilawa Development Ltd (MJTD) has permitted investments in Thilawa Special Economic Zone giving priority to those who can create better job opportunities for the local people and are more eco-friendly. Currently, a total of 84 companies have been permitted to invest in Thilawa SEZ Zone A and the first phase of the Zone-B, […]
Thilawa to Offer Modest Plots of Lands to Entice Small Businesses
Japan and Myanmar’s have agreed to establish small factory rental spaces at the Thilawa Special Economic Zone (SEZ) in a bid to promote investment among small and medium enterprises (SMEs), according to the zone’s operator. Under a memorandum of understanding (MoU) signed by the Osaka Chamber of Commerce and Industry (OCCI) and the Union of […]
Osaka Business Group Leases Thilawa for SMEs
On May 11, a memorandum of understanding (MoU) was signed between the Myanmar Japan Thilawa Development (MJTD), the Osaka Chamber of Commerce and Industry (OCCI) and the Union of Myanmar Federation of Chamber of Commerce and Industry (UMFCCI) to establish a small rental factory area in Thilawa Special Economic Zone. According to the MoU, the […]
Osaka business group to help lure firms to Japan-backed economic zone in Myanmar
The Osaka Chamber of Commerce and Industry has agreed to help attract small and medium-size companies to the Japanese-backed Thilawa Special Economic Zone near Yangon by establishing small rental factory spaces, the zone’s operator has announced. The OCCI, which is comprised of businesses around Osaka, and the Union of Myanmar Federation of Chambers of Commerce […]
After decades of decay, Myanmar bets on Thilawa to lead industry boom
From the banks of the Yangon River rises Myanmar’s great economic hope, a $1.5 billion manufacturing complex designed to lure investment and help the impoverished country compete in the global marketplace. The first phase of the 2,400-hectare (5900-acre) Thilawa Special Economic Zone (SEZ), an hour from the commercial capital Yangon, is only months away from […]
Thilawa economic zone to open in June
YANGON — The first special economic zone in Myanmar will be put into commercial operation by the end of June, an official said on Thursday. “Construction of eight local and foreign factories on phase 1 of Thilawa SEZ is almost finished,” said Thein Han, managing director of Myanmar Thilawa SEZ Holdings Public Limited. Phase 1 […]
Thilawa SEZ receives 40 firms from 11 countries
Myanmar’s attempts to become a manufacturing hub are likely to come true in a few years as 40 firms from 11 countries have so far signed an agreement to invest in its major special economic zone. Thilawa SEZ is still attractive to international firms as 83.4 per cent of its Phase I implementation was completed […]