World Bank Group backs Korean industrial complex

World Bank Group backs Korean industrial complex

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As we had reported back in July, a Korean-Myanmar Industrial Complex (KMIC) is set to be established in Hlegu Township in Yangon Region. Late last month, the Multilateral Investment Guarantee Agency (MIGA), member of the World Bank Group, said in a s

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Singapore firm to build USD 230 million industrial park

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Singapore’s Sembcorp Industries has been cleared to build a USD 230.4 million industrial park in Hlegu Township. The firm will develop the industrial center with Myanmar partners MAPCO and City Mart Holdings, according to the Myanmar Times, whi

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Korean-Myanmar industrial complex to be established in Yangon Region

Korean-Myanmar industrial complex to be established in Yangon Region

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A Korean-Myanmar Industrial Complex is set to be established on 556 acres of land in Hlegu Township in Yangon Region. Construction of the project is expected to begin in October this year. It will be the first South Korea-funded industrial complex in

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