Success behind the Japan-led Special Economic Zone shows the need for Myanmar to improve access to land and utilities and reform its regulatory framework to capture investor interest, an SEZ investor said. Yangon’s government showcased 80 project proposals in last month’s Yangon Investment Forum. Apart from housing, industrial zones and highways, the list included ambitious […]
Yangon to focus on construction of deep sea port, new SEZ
At the Yangon Investment Forum yesterday, Chief Minister U Phyo Min Thein said the Yangon Regional Government will prioritise the construction of a new deep sea port and Special Economic Zone (SEZ) in the city. Once complete, the port and SEZ will help expand trade and encourage the inflow of foreign currencies, he said. Some […]
Prioritised sectors, new investment opportunities in Yangon laid out
At the Yangon Investment Forum on Wednesday, Yangon Chief Minister U Phyo Min Thein announced the five sectors his government intends to prioritise and in which Yangon welcomes foreign investments. U Phyo Min Thein said the trade, logistics, industry, public transport and energy sectors would be prioritised, adding that the Yangon deep sea port, development […]
Yangon Chief Minister Unveils 5-Point Vision for Economic Growth
YANGON — Yangon Chief Minister U Phyo Min Thein vowed to focus on economic growth in 2018 and laid out a five-point vision for the city’s development at the Yangon Investment Forum on Wednesday. U Phyo Min Thein said boosting the city’s economy would be one of the regional government’s priorities this year, along with […]
New industrial zone projects to be developed in Yangon
The government is planning to develop the new industrial zone projects in Yangon as foreign investors have to pay higher land rental, according to the pre-briefing on Yangon Investment Forum 2018, at Cooperative Business Centre in Yangon on May 2. Myo Khaing Oo, Joint-Secretary of Yangon Region Investment Committee said: “There currently are 30 industrial […]
Myanmar businesses join hands for FDI
THE MYANMAR Investors Development Association (MIDA), an alliance of large-scale local enterprises, will help the government achieve its economic goals by actively engaging with local and foreign investors, according to its chairman Khin Maung Aye. ”For our country to grow further, we need to create thousands of jobs for our citizens. Job creation entirely depends […]