September 18, 2016

Vice President U Henry Van Thio inspects Thilawa SEZ in Thanlyin

VP being briefed in Thilawa SEZ.
VP being briefed in Thilawa SEZ.

MYANMAR Special Economic Zone Central Body Chairman Vice President U Henry Van Thio went on an inspection tour of the Thilawa SEZ in Thanlyin township, Yangon, yesterday.
Thilawa SEZ Management Committee Chairman U Set Aung briefed the vice president on work in progress within Zone-A and tasks to be completed in Zone-B.
According to Myanmar Japan Thilawa Development Ltd (MJTD)’s President and CEO Mr Takashi Yanai, 79 companies from 17 countries have invested in the zone.
Deputy Minister for Electricity and Energy Dr Tun Naing briefed the Vice President on construction currently under way of generators and the installation of power lines to supply sufficient electricity to the zone.
Officials reported on development projects and the construction of transport infrastructure within the zone.
After hearing briefings, Vice President U Henry Van Thio stressed the need for the systematic handling of land issues, a reliable supply of electricity, environmental conservation, better transport infrastructure, timely completion of the projects and worksite safety.
During the inspection tour, the Vice President was led by officials to the One-Stop Service Centre and to Foster, a Japanese company that produces speakers.
Myanmar and Japan entered into an agreement on 29 October 2013 to implement the Thilawa Special Economic Zone, with Zone-A being brought into operation on 23 September 2015. Construction of Phase One of Zone-B is expected to start in November of this year.
According to officials, Zones A and B, when both completed, will be able to house up to 150 factories and employ 40,000 workers.


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