By Nyein Nyein
THE Yangon Region government will upgrade 29 industrial zones, said U Phyo Min Thein, Yangon Region Chief Minister.
The Yangon Region chief minister made his remarks at a ceremony held on 3 June organized by Yangon Region Young Entrepreneurs Association (YRYEA), which disclosed future plans for Yangon Project Bank.
“Yangon Region has 29 industrial zones. We will endeavor to upgrade and develop all the zones”, said U Phyo Min Thein.
Upgrading plans include providing utilities, purified water, electricity, transportation, sewage and waste management. The regional government will work with private entrepreneurs, he added.
Additionally, squatters dwelling in industrial zones are to be found new accommodations, he added.
Plans call for Thilawa Special Economic Zone to be developed to international standards with improved infrastructure. This should become a role model in upgrading the zones, U Phyo Min Thein continued.
Earlier, those zones were taken over by the Ministry of Construction and are to be supervised by the Yangon Region government.
Yangon Region is seeking to shape itself as a livable commercial capital through sustainable development and the conservation of its heritage. (Translated by Ei Myat Mon)