Japan has put investments of
US$468 million into Thilawa Special
Economic Zone (SEZ) so far,
accounting for over 43 per cent of
total foreign direct investments,
according to Myanmar Japan
Thilawa Development Limited.
Thailand was second with
FDI of over $130 million. The manufacturing
industry attained the
highest FDI of over US$773million,
followed by the trading sector
and the logistics sector.
flowed into the service business,
real estate and hotel sectors. The total amount of FDI comes
to more than US$1.7billion so far.
Thilawa SEZ was initiated
with the support of the Myanmar
and Japanese governments.
Companies from a total of 17 countries-
Japan, China, Hong Kong,
Taiwan, America and Australia,
and others - invested in Zone A,
which covers 400 hectares.
Development of Zone A is 96
per cent completed. Construction
of Zone B on 101 hectares of land
is projected to commence soon
and slated to be completed in mid-
Most of the factories in Thilawa
SEZ manufacture industrial
products such as construction
materials, food products, aluminum,
fuel oil, agricultural machines,
medicines, and fertilizer
with an aim to replace imports.
The investors who create
more job opportunities, are engaged
in export business, and
cooperate with the local industry
outside zones are more likely to
be given priority to make investments
in Thilawa SEZ.
The country is currently implementing
three Special Economic
Zones -- Thilawa, Kyaukpyu
Of the three,
Thilawa is leading with its better
infrastructure and successful