Development Land Lead Story News
Thilawa SEZ appeals to investors but angers locals
Former residents of the area now being used as part of the Thilawa Special Economic Zone say they haven’t been adequately compensated for the loss of their land.
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Thilawa SEZ (Phase 1) slated to open end of June
Burma’s first special economic zone (SEZ) will become operational in a commercial sense as from the end of June, DPA reported on Thursday, citing the managing director of Myanmar Thilawa[…]
BUSINESS – Thilawa SEZ seeks only serious relationships
Plots of land at the Thilawa Special Economic Zone will go on sale to bidders in early May, but only to businesses which are committed to developing the economic zone[…]
BUSINESS – 17 foreign firms eye Thilawa SEZ
No less than 17 foreign companies are bidding for contracts and land leases at Thilawa Special Economic Zone (SEZ), said Myanmar-Japan Thilawa Development Co Ltd Chairman Takashi Yanai. Speaking at[…]
Business Lead Story News Politics
Legal advocacy group urges halt to SEZ expansion
An international legal association is calling for a moratorium on expansion work at Burma’s special economic zones (SEZs), a key component of the country’s development agenda.
Business Economy Lead Story News
Investors keen on Thilawa, but concerns remain
The Thilawa Special Economic Zone is fast becoming a prime destination for foreign investment, but local people say their concerns aren’t being taken seriously.
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SEZ managers must be versed in rights
In August, Burma’s newly elected government overhauled the senior figures heading the administrative framework for governing Special Economic Zones (SEZs). Union Vice-President Henry Van Thio replaces former president Thein Sein[…]
Vice President unveils first Thilawa plant
Burma’s vice president opened on Wednesday a $1.5 billion manufacturing complex aimed at investment and creating jobs, showcasing government achievements.
Kubota continues expansion in Thilawa
Kubota, a Japanese agricultural equipment firm, is reportedly set to construct a machinery assembly plant in the Thilawa.
Thilawa opens fuel terminal
Thilawa’s new oil storage and terminal were opened on Sunday, bringing the Special Economic Zone (SEZ) one step closer to completion.
BUSINESS – $200m Thilawa wharf set for 2017 completion
Backed by a US$209-million loan from Japan, construction on a new wharf for Thilawa port, 25km southeast of Rangoon, is set to be completed by 2017, Myanma Port Authority announced[…]
BUSINESS – Sompo Japan granted license to sell insurance in Thilawa
A license was granted to Sompo Japan Nipponkoa Insurance on Monday to sell insurance products within Burma, the first of such licenses to be issued by the Burmese government. In[…]
Business Dawei Environment Land Lead Story News
Dawei SEZ destroying local economy, says women’s group
The the presence of the project is already undermining local agricultural and fishing livelihoods, a new report by the Tavoyan Women’s Union claims.
Foreign investors invited to consider SEZ projects
International investors have been invited by the Myanmar Investment Commission to signal their interest in three of Burma’s upcoming special economic Zones: Thilawa, Dawei and Kyaukphyu. At the 11th ASEAN Summit[…]
Thilawa shares to go on market this year
Shares of the Thilawa Special Economic Zone in Rangoon Division will be sold through an over-the-counter stock market, according to a project official.
Business Dawei Lead Story News
Thai junta gives stalled Dawei SEZ the green light
The Dawei project, located in eastern Burma, has been delayed since ousted Thai prime minister Yingluck Shinawatra dissolved parliament last December.
Kyaukphyu SEZ construction undergoing bidding process
The construction companies for a planned special economic zone in Arakan State will be selected through an tender bidding process that will conclude in December.
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Displaced Thilawa villagers descend on Tokyo
A group of residents living in Rangoon’s Thilawa have travelled to Tokyo to lodge a formal complaint to Japan International Corporation Agency.
BUSINESS— Sale of Thilawa leasehold rights begins
Leasehold rights for operations in Thilawa Special Economic Zone (SEZ) went on sale on Monday, available in 50-year terms with an optional extension of 25 years. Myanmar Japan Thilawa Development[…]
BUSINESS – Garment factories bid for Thilawa
Garment manufacturing accounts for approximately 60 percent of proposed investments in the Thilawa Special Economic Zone (SEZ), according to the zone’s Public Holdings chair Win Aung, who also heads the[…]
Business Development Lead Story News SEZ
Japanese car builders bid on Thilawa
Japanese auto giants Suzuki and Toyota are among the bidders for parts and manufacturing facilities at the Thilawa Special Economic Zone near Rangoon, said Burma’s investment commission.
BUSINESS – Thilawa shares for sale
Myanmar Thilawa SEZ Holding Public Co Ltd, which has a 41 percent stake in Thilawa Special Economic Zone, is to sell two million shares, each of which will be sold[…]
SEZ Law should be ‘driving force’ for Burma’s economy
Following the approval of the Special Economic Zone (SEZ) Law by Burma’s Parliament on 23 Jan, Maung Aung, advisor to the Trade Minister, said the creation of SEZs should be[…]
Business Dawei Lead Story News
Burma, Thailand push ahead with Dawei SEZ
After years of uncertainty, the prospects of the massive Dawei project took a recent twist when Thailand and Burma officially tied the knot to push the ambitious scheme forward.
Thilawa residents draw lots for ‘substitute’ lands
A ceremony was held on Wednesday in Rangoon’s Thanlyin township as lots were drawn by local residents to give them substitute plots of land to compensate for land acquired to build the Thilawa Special Economic Zone.
Business Weekly Development Lead Story News
Business weekly 24 April
In business this week: historic Wold Bank funding package; foreign investment double that of last year; Thilawa SEZ to open imminently.
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Burma Business Weekly – 15 Feb 2014
BUSINESS in BURMA THIS WEEK – Germany forgives 740m Burmese debt; shares for Thilawa SEZ to go on sale; offshore oil and gas bidders await anxiously; and Burma struggles to compete with neighbours in rice market.
Court in Burma convicts farmers of trespass in ‘blow’ to land rights
A Burmese court finds 33 farmers living next to a Special Economic Zone guilty of criminal trespass, a ruling seen by activists as a blow to land rights in a country with a rising demand for property for industrial use.
Business leaders to follow Suu Kyi to Japan
A group of 30 Burmese business leaders will travel to Japan as State Counsellor Aung San Suu Kyi begins a five-day visit to the country today.
New dawn at Dawei
Long-delayed mega-project is finally taking its first bookings, but whether it ever reaches its vast potential could depend on Burma’s new government.
