Nay Pyi Taw, 12 July

Foreign investment is being invited to invest in Thilawa Special Economic Zone via respective embassies of Myanmar. From 2021 to May 2022, a total of 122 investments from 21 countries have been permitted in line with Special Economic Zone Law.

Myanmar Investment Commission invites entrepreneurs to submit proposal and it will prioritize (1) fertilizer production, (2) cement production, (3) steel production, (4) agriculture and livestock and related works, (5) value-added food production, (6) electric vehicles production, (7) production of pharmaceutical and health products and (8) public transportation sector in order to furnish the needs in implementation of State development.

Thilawa SEZ attracts USD 1761.484 million in industrial sector from November 2014-2015 FY until April 2022 and now it has permitted up to 97 investments. Most investments are pumping into the trading, transportation and logistics, services, real estate and hotels sectors.

According to the investments from 2014-2015 FY to January 2022, 31.36 percent is invested by Japan, 30.20 percent is invested by Singapore and 8.75 percent is invested by Thailand.

Likewise, investments from UK, Republic of Korea, Hong Kong Self-Administer Region, China (Taipei), Austria, UAE, Malaysia, Australia, Netherlands, Panama, Denmark, China, Brunei, Viet Nam, Switzerland and France are being flowed into Thilawa SEZ.

Thilawa Special Economic Zone Management Committee allows investments in Thilawa SEZ in line with Special Economic Zone Law and announces to invest through submitting proposals by interested local and foreign entrepreneurs.

Thiri

Translated by Suyee