Thilawa special economic zone to launch new phase

Description: 

"THILAWA, Myanmar: A Japan-backed special economic zone in Myanmar is expanding as an alternative production hub for China and Vietnam, attracting growing numbers of Japanese and other foreign firms to the outskirts of Yangon. More than half of the total developed area of 5.83 million square metres in the Thilawa Special Economic Zone is already occupied, said Tomoyasu Shimizu, president of Myanmar Japan Thilawa Development Ltd, or MJTD, the operator of the economic zone. Since its opening in 2015, 105 companies have moved into the zone or signed tenancy contracts through last month, with 90 firms under full foreign ownership and 13 foreign-Myanmar joint ventures..."

Source/publisher: 

"Bangkok Post"

Date of Publication: 

2019-06-06

Date of entry: 

2019-08-10

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, Japan

Language: 

English

Resource Type: 

text