Thilawa SEZ investment declines by 50% YoY
Investments in the Thilawa Special Economic Zone is the last victim of the COVID-19 induced economic fallout. The Thilawa SEZ in South Yangon has reported a 50-percent year-on-year decline in foreign investment, according to the SEZ management commit
Thilawa SEZ investment hits USD 1.9 billion
Yangon Region’s Thilawa Special Economic Zone has continued to boom with USD 1.9 billion in total investment. The investment has come from 111 domestic and foreign companies, according to data from the Myanmar Thilawa SEZ Holdings Public Co Ltd
Japan grants major infrastructure loans
One week after China signed a batch of new trade deals with Myanmar, Japan announced that it will provide Myanmar USD 1.1 billion in loans to fund four major infrastructure projects. The agreement, signed by Japanese ambassador to Myanmar Ichiro Maru
MOEE OK’s another gas fired plant amid LNG push
A Japanese-backed liquid natural gas (LNG) plant and terminal will be the latest in a series of LNG investments that aim to fill Myanmar’s short-term power gaps. The terminal and 1250-megawatt plant, planned for the Thilawa Special Economic Zon
Japanese to invest USD 62 million in telecom infrastructure project
Four Japanese companies will work with the Myanmar government to build communications lines between the Thilawa Special Economic Zone and Myanmar’s largest cities. The companies are the Sojitz Corporation, the NTT Communications Corporation, NE
