The Suzuki company in Thilawa Special Economic Zone is operating as usual despite rumors circulating on February 2 that the automotive factory had shut down. Social media posts stating that the car manufacturer had ceased operations amid political unrest in the country went viral but a representative from the Thilawa Special Economic Zone (SEZ) Management […]
Feasibility Study on BRI Railway Link in Myanmar to Take 18 Months
January 20, 2021 by
YANGON—Myanmar and China have agreed to complete a feasibility study within one and a half years on the Mandalay-Kyaukphyu Railway, a major part of China’s planned strategic railway linking China’s rail network in Yunnan province’s Kunming with Myanmar’s Kyaukphyu port in western Rakhine State, Myanma Railways said. On Jan. 10, Myanmar and China signed a […]
Japan to conduct survey on Dawei deep sea port project
December 22, 2020 by
The Japanese government will commence a survey to determine the total amount of capital expenditure required to participate in the development of the Dawei deep sea port project, said U Tin Htoo Naing, secretary for Dawei SEZ management committee. The move comes after Japan last month made an official offer to Myanmar and Thailand to […]
Myanmar replies to Japan’s offer for cooperation in Dawei SEZ
December 4, 2020 by
Myanmar welcomes Japan’s offer to invest in the Dawei Special Economic Zone project in Tanintharyi Region, according to the Dawei SEZ Management Committee. An official reply from the Ministry of Foreign Affairs has been sent to Japan. Japan on November 5 offered to invest in the long delayed Dawei SEZ, expected to be Southeast Asia’s […]
Japan offers to participate in Dawei SEZ development
November 11, 2020 by
Japan has made an official offer to participate in the development of the Dawei Special Economic Zone (SEZ), said U Myint San, Vice Chair of the SEZ management committee. “The Japanese government has made a proposal after we invited them to participate in the project on a government-to-government (G2G) level on November 5. They’ve sent […]
Myanmar’s Suu Kyi projects ‘pro-economy image’ before election Ruling NLD gradually eases restrictions on movement as COVID-19 battle continu
November 2, 2020 by
YANGON — Ahead of a general election on Nov. 8, the Myanmar government, ruled by State Counselor Aung San Suu Kyi’s National League for Democracy, has started to demonstrate its seriousness in buttressing the coronavirus-affected economy. The daily number of new cases sharply rose amid a second wave from September to mid-October, peaking at 2,158 […]
Chinese Companies Flocking to Southern Myanmar’s Industrial Complex Megaproject
September 30, 2020 by
YANGON—Despite the surge in COVID-19 in Myanmar, Chinese companies including state-owned energy giants are seeking opportunities to invest in the Dawei Special Economic Zone (SEZ), a US$8-billion (10.4-trillion-kyat) strategic project in southern Myanmar’s Tanintharyi Region that is set to be Southeast Asia’s largest industrial complex. The Dawei SEZ management committee has invited international companies to […]
Govt reveals plans to build new SEZ in Mon State
August 7, 2020 by
A new Special Economic Zone (SEZ) will be implemented in Mon State, connecting Myanmar with the Mekong Subregion East-West Economic Corridor, government officials said at a Myanmar-Japan Investment Forum on July 29. The new SEZ aims to connect with Danang, Vietnam, and will be the largest SEZ in Myanmar if approved, said U Thaung Tun, […]
Industrial zone in Kyaukphyu SEZ to be built at $30B
February 25, 2020 by
An industrial zone project within the Kyaukphyu Special Economic Zone (SEZ) in Rakhine State will be developed for US$30 billion, deputy commerce minister U Aung Htoo told Pyithu Hluttaw this week. CITIC Consortium from China owns 51 percent of the industrial zone while the Myanmar government owns 49pc, he said. The industrial zone will be […]
Karen Rebel-Backed Firm, Govt to Study Industrial Estate Proposal in Myanmar’s Deep South
February 10, 2020 by
YANGON—The Tanintharyi regional government and a company backed by a Karen armed group have signed a memorandum of understanding (MOU) to conduct a feasibility study on a strategic industrial estate project on Monday that aims to link with two major regional economic corridors, one backed by China and the other by Japan. Five hours by […]
