A consortium of Myanmar and Japanese companies will construct an electricity generation plant and liquefied natural gas (LNG) terminal at the Thilawa Special Economic Zone, said U Han Thaw Zay, Executive Director of Myanmar Agribusiness Public Corporation (MAPCO), one of the firms involved in the investment. The LNG-fuelled plant will have the capacity to generate […]
Sojitz, NTT, NEC, NESIC to Upgrade Communications Infrastructure in Myanmar
November 21, 2019 by
Sojitz Corporation, NTT Communications Corporation (NTT Com), NEC Corporation and NEC Networks & System Integration Corporation (NESIC) will carry out an infrastructure upgrade in Myanmar. The plans come under official instruction from Myanma Posts and Telecommunications, the country’s incumbent telecoms operator and once completed, will connect the cities of Nay Pyi Taw, Yangon, Mandalay and […]
Construction of Toyota Myanmar Plant Kicks Off in Thilawa
November 12, 2019 by
Toyota Myanmar Co. Ltd held a groundbreaking ceremony at the construction site for its new manufacturing plant at the Thilawa Special Economic Zone on Friday. The US$52.6 million plant is expected to be ready and operating from February 2021 onwards. It will produce 2500 Toyota Hilux pickup trucks per year using the semi knock-down method. […]
Singapore’s Wilmar opens facilities in Thilawa
October 31, 2019 by
Wilmar Myanmar and its partners, National Infrastructure Holdings Co, First Top Group and Riceland International, on Sunday announced the opening of a new flour mill and consumer pack edible oil processing plant in Thilawa Special Economic Zone, Yangon. The mill will have the capacity to produce 530 tonnes of wheat flour per day, while the […]
TCP Targets Myanmar with Plant
October 30, 2019 by
TOA-Chugoku Paints (TCP) has earmarked 500 million baht to construct its first overseas paint factory in Myanmar, expecting to capture demand from megaprojects. The new factory will produce two paint products — heavy-duty coating and marine paint — with a monthly capacity of 300 tonnes. The project will be located in Thilawa Special Economic Zone […]
Japan is eyeing export-oriented businesses in Myanmar
October 22, 2019 by
Japanese companies are becoming interested in the local industry which will manufacture products in Myanmar and export them to India, China and Thailand, said Japanese Ambassador to Myanmar Mr. Ichiro Maruyama, at Japan-Myanmar Resource, Trade and Investment Expo 2019 at Inya Lake Hotel in Yangon on October 19. “There are many Japanese companies which are […]
Vehicles at the forefront of Myanmar’s drive for industrial growth
September 17, 2019 by
Toyota is developing an assembly plant in Myanmar,signaling strong growth prospects in the local market as the country looks to expand its manufacturing output. In late May the Japanese carmaker announced it will establish its first vehicle assembly plant in the country, in the Thilawa Special Economic Zone (SEZ) just outside of Yangon. Once it […]
Influx of Japanese car parts companies expected in Yangon
September 17, 2019 by
More Japanese car parts companies are expected to enter Myanmar to meet demand from existing automobile manufacturers with facilities in Thilawa Special Economic Zone, said Japanese Ambassador to Myanmar Mr Ichiro Maruyama. Japanese car maker Suzuki currently operates a car assembly plant in Thilawa, while Toyota will begin operations at the SEZ in 2021, Mr […]
A distant vision for Myanmar’s industrial future
August 28, 2019 by
Every morning hundreds of cars, trucks and other vehicles carrying factory workers squeeze into a two-lane bridge across Yangon’s Bago river. The buzz of industrial activity results in often nightmarish traffic jams, a rare phenomenon for Myanmar’s still nascent and in many ways hamstrung manufacturing sector. Initiated by then-president Thein Sein in 2013, the Japan-backed […]
