September 24, 2017

FINISH ON TIME — President calls for accelerating SEZ tender process

President U Thein Sein chairs meeting of Myanamr Special Economic Zone Central Working Body.
President U Thein Sein chairs meeting of Myanamr Special Economic Zone Central Working Body.

President U Thein Sein, who serves as the chairman of the Myanmar Special Economic Zone Central Working Body, has called on the body to speed up its efforts to announce the result of the tender for the development of the Kyaukphyu Special Economic Zone during the term of the current government.
At the meeting of the committee in Nay Pyi Taw yesterday, the president urged the consulting firm, the preferred bidder and officials concerned to complete the process for announcement of the result of tender for development of Kyaukphyu SEZ so that the next government can continue to implement the project in easy way.

 

A small-scale model of the Kyaukphyu Special Economic Zone.
A small-scale model of the Kyaukphyu Special Economic Zone.

Special Economic Zone projects of Myanmar are important in terms of connectivity not only for Myanmar but also for the ASEAN as they are strategically located on international shipping routes in coastal regions, said President U Thein Sein, referring Thaliwa Special Economic Zone and DaweiSpecial Economic Zone which are also under implementation.President U Thein Sein also called for speedily implementation of Dawei SEZ as the partnership of Japan in the SEZ and related project would assist the project in speeding up the project.
Implementation of Dawei SEZ and its related projects would not only benefit Thailand and Myanmar but also regional countries, he added.
He also stressed the need to maintain the current momentum of implementation of Thilawa SEZ which attracted the participate of Japan, urging officials to complete the project phase by phase in time.
Then, Vice President U Nyan Tun, the vice chairman of the central working body, reported on implementation of Thilawa, Dawei and Kyaukphyu SEZs.
Thilawa SEZ, where 48 foreign companies have invested over US$ 500 million, is the most successful one in Myanmar and initial projects for Dawei SEZ are being implemented Roland Berger Company, according to the vice president.
The government is also seeking approval of the Pyidaungsu Hluttaw to announce 4,289 acres of land in Kyaukphyu, Rambyeand Marnaung townships under the regional master plan developed by CPG Group.
Afterwards, chairmen of managements committees of the SEZ reported on work being carried at the SEZs.

 

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