June 29, 2017

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Investment in Thilawa Special Economic Zone expected to increase up to USD 1 billion

People work at a site of the Thilawa Special Economic Zone (SEZ) project in Yangon Region.
People work at a site of the Thilawa Special Economic Zone (SEZ) project in Yangon Region.

INVESTMENT in the Thilawa Special Economic Zone is expected to increase up to USD 1 billion within a few years and the value of exports is expected to hit USD 350 million per year according to the Myanmar Japan Thilawa Development Limited.
The total investment amount in the Thilawa Special Economic Zone(TSEZ) is currently USD 760 million with an export value of USD 241 million. The income of the TSEZ makes up 12.5 per cent of the whole country’s investment value for the 2014 fiscal year and 3 per cent of the value of exports.
An electric power generation facility, which was constructed near Thilawa using an ODA loan from the Japanese government, became operational on 25 May helping Myanmar assure potential foreign investors that power problems, which have been reported in the past, will no longer be an issue.

 

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