Zone-B of Thilawa SEZ project faces delay

Phase-4 of the Thilawa Special Economic Zone (SEZ) Zone-B project is facing delays following opposition from residents in the area, according to the Thilawa SEZ Management Committee (TSMC). Prescribed compensation has been proposed to the 58 relocated households to make way for the project but four of the families have refused to accept them. The […]

China to hold 70% stake in Myanmar’s planned strategic seaport

Myanmar will hold a 30 percent stake in its strategic deep-water seaport project led by cash-rich China, giving Beijing a 70 percent interest, under their final agreement reached during recent talks between the two countries, according to a visiting senior Myanmar official. That is an improvement for the emerging Southeast Asian economy from the initially […]

Migrant workers fear impact of Mae Sot economic zone

The development by the Thai government of a special economic zone at Mae Sot, which is intended to improve trade and communications between Thailand and Myanmar, could have devastating consequences for local inhabitants. These include an estimated half a million Myanmar migrant workers living just across the border in Thailand. The proposed SEZ has a […]