Nay Pyi Taw, 12 July

A total of 116 enterprises from 21 countries have ploughed in over $2.12 billion into Thilawa Special Economic Zone since it was establishment, according to the Directorate of Investment and Company Administration’s statistics.

Thilawa Special Economic Zone is located 14 miles southeast of Yangon and is built on 2,400 hectares of land. Currently, it is a main drive for the State economy.

As Yangon is the main gateway to international markets through seaports and airports, it is a strategic location for investors to have easy access to international markets. Moreover Yangon International Airport is just about 30 kilometers from Thilawa SEZ.

Up to March 2021, a total of 96 factories are being operated in Zone A and 26 in Zone B, totaling 122 invested with more than US$532 million.—MDN