The Thilawa Special Economic Zone is a 2,500 hectare special economic zone being developed in Myanmar near Yangon. It is a joint venture between the Japanese and Myanmar governments to attract investment and industry. Construction began in 2014 and the first phase was operational by late 2015, with the goal of completing the full zone by 2016. It is led by a management committee chaired by Winston Set Aung.
The Thilawa Special Economic Zone is a 2,500 hectare special economic zone being developed in Myanmar near Yangon. It is a joint venture between the Japanese and Myanmar governments to attract investment and industry. Construction began in 2014 and the first phase was operational by late 2015, with the goal of completing the full zone by 2016. It is led by a management committee chaired by Winston Set Aung.
The Thilawa Special Economic Zone is a 2,500 hectare special economic zone being developed in Myanmar near Yangon. It is a joint venture between the Japanese and Myanmar governments to attract investment and industry. Construction began in 2014 and the first phase was operational by late 2015, with the goal of completing the full zone by 2016. It is led by a management committee chaired by Winston Set Aung.
သီလဝါအထူးစီးပွားရေးဇုန်; abbreviated Thilawa SEZ) is a 2,500 hectares (6,200 acres) special economic zone being developed in Kyauktan and Thanlyin Townships, 25 kilometres (16 mi) south of Yangon city.[1] The first phase of the SEZ became operational at the end of September 2015.[2] History
The project was announced in January
2011.[1] Thilawa SEZ is being developed by a joint venture, initially between the Japan External Trade Organization and the Union of Myanmar Federation of Chambers of Commerce and Industry.[1] The Burmese and Japanese governments established a consortium including Japan Thilawa SEZ Company (backed by Mitsubishi, Marubeni and Sumitomo corporations), Myanmar Thilawa SEZ Holdings, Thilawa SEZ management committee and the Japan International Cooperation Agency (JICA) on 29 October 2013 to proceed with development.[3] Construction on the $3.28 billion project began in May 2014.
The first phase of the SEZ was slated to
complete in 2016, but became operational at the end of September 2015.[2]
Management
The current Chairman of Thilawa Special
Economic Zone's Management Committee is Winston Set Aung.[4] See also
Special economic zone
Economy of Burma
External links
Official website (https://myanmarthilaw
a.gov.mm/)
References
1. Myat May Zin (29 October 2012). "Thilawa
SEZ work to start" (http://www.mmtimes.co m/index.php/business/2739-thilawa-sez-w ork-to-start-in-january.html) . Myanmar Times. Retrieved 1 July 2015. 2. Ko Ko Aung; Htin Linn Aung (29 April 2015). "Eight companies set to begin operations in Thilawa SEZ" (http://www.mmtimes.com/in dex.php/business/14178-eight-companies- set-to-begin-operations-in-thilawa-sez.htm l) . Myanmar Times. Retrieved 1 July 2015.
SEZ factory construction to start in May" (ht tp://www.mmtimes.com/index.php/busines s/property-news/9955-first-thilawa-sez-fact ory-construction-to-start-in-may.html) . Myanmar Times. Retrieved 1 July 2015. Retrieved from "https://en.wikipedia.org/w/index.php? title=Thilawa_Special_Economic_Zone&oldid=118 5095613"
This page was last edited on 14 November 2023,
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