Magway to establish small-scale industrial zone

A small-scale industrial zone for the small-scale industries of the Magway Region will be established on 382.52 acres of land, according to the Magway Region government.
The industrial zone will be developed about four miles from Magway Township at milepost 352, south of Magway-Taungdwingyi road. It will also include a small jetty to facilitate the logistics transport by water, said Region Chief Minister U Tint Lwin during the coordination meeting on the establishment of the Magway small-scale industrial zone held on 2 October.
“The purpose of the Magway small-scale industrial zone project is to concentrate small-scale industries in the zone area. Moreover, we expect the local and foreign investors to make investments at the Magway small-scale industrial zone,” he said.
The industrial zone can improve regional economic development and create job opportunities.
Moreover, there will be proper access to electricity as the 33KV power line is located near the project area.
The Ayeyawady River is just one mile and four furlongs from the project area and arrangements are being made to construct a jetty port for loading and unloading processes later.
Relevant laws, rules and regulations will have to be followed in establishing the industrial zone so as not to affect the environment and people and to meet the fixed standards. — ASH/KTZH

Share this post
Hot News
Hot News