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 SEZ Holdings. “Construction of eight local and foreign factories on Phase 1 of Thilawa SEZ is almost finished,” said Thein Han. Phase 1 occupies nearly …
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 and generating employment, said Win Aung, the president of Thilawa SEA Holdings Public Ltd, speaking at talks with a Hong Kong business mission in Rangoon …
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 an investors’ meeting on Tuesday, Takashi said the majority of the firms are from Japan and Hong Kong, with interests ranging from garment industries to …
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.
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.