PARKROYAL Yangon
Manufacturers who establish operations in SEZ’s stand to benefit from certain advantages - from economies of scale, to access to port/airport facilities and controlled rents. The government will target approvals for export-oriented industries and import substitution companies.
Thilawa Zone A is almost 90% completed. Construction for bigger Zone B will start in November and land in Zone B can be leased from now until 2064, with the option to rent for 25 more years for an additional fee. 12 factories have launched operations, 25 more are due to open soon, and 30 factories will be built next.
With existing levels of investment, manufacturing capacity can reach up to $241 million dollars a year and total investment into Thilawa is expected to reach $1 billion in a few years and the value of annual production to rise to $350 million. Myanmar’s new government also recognizes that the provision of international-standard infrastructureis key to securing more foreign investment into Thilawa.
The progress of Thilawa Zone B will not only boost the confidence of international investors but also accelerate growth in Myanmar’s promising manufacturing sector.
On the 26th of September, delegates attending 2nd Myanmar Manufacturing Summit on 27-28 September, 2016 in Yangon will be taken on a special tour of Thilawa SEZ. This complimentary site visit is only available to registered delegates and allocated on first-come-first-serve basis.
Contact Ms. Grace at grace@cmtsp.com.sg or call +65 6346 9147 for more information.
Read more>>>