Supervision Committee for Yangon Region Industrial zones to be formed

By May Thet Hnin

A Yangon Region Industrial Zone supervision Committee will be formed with officials from the Yangon Region government, according to Yangon Region Chief Minister U Phyo Min Thein.
The chief minister made the remarks during the 14th regular meeting with vice president
U Myint Swe and entrepreneurs on 1 February.
“Currently, the industrial zones are managed by a committee comprising only entrepreneur members. Therefore, they do not have the full authority. We also need to scrutinise matters that were managed by the recent committee,” he added.
“So far, most industrial land owners are building warehouses instead of factories or leaving their industrial land empty. Most are speculating on real estate instead of setting up industries. Therefore, we need to scrutinise the management of the industrial zones,” stated U Phyo Min Thein.
“We are studying the formation of a new industry supervision committee, and the three industrial zones in South Dagon Myothit Township will be combined,” he added.
Currently, the Yangon Regional government is upgrading the industrial zones. The government is arranging to provide the water, electricity and road infrastructure required in the 29 industrial zones in the Yangon region. The government is also implementing low-cost housing projects to remove the squatters in the industrial zones by allowing squatters to make long-term payments for housing under an instalment system and to provide loans to genuine small and medium entrepreneurs, said the chief minister.
The project to provide electricity, clean water and wastewater treatment in the zone will be given to local businesses in the industrial zones, on priority. (Only if the local businesses in the industrial zones are unable to provide the required services will the work be granted to external businesses). The electricity utility rates will be reduced for businesses that use electricity during off-peak hours, such as during the night, he added.
Myanmar Industries Association Vice Chairman U Win Naing also said the steering committee formed with the municipal, electricity, industry, construction, transport and communications ministries, who developed the industrial zone, need to meet regularly with the industrial zone management committee and industrialists to form a mechanism that can resolve problems and issues, such as damaged roads, a lack of clean water, social security clinics, payment of electricity surcharges and squatters.
The Yangon regional government is planning to implement the Kyimyindine Myothit project, as well as construct a Yangon Special Economic Zone on the Dala side (of the river), up to Kungyangon, and it is holding discussions with the special economic zone’s central committee. The Yangon regional government will implement the project when the Pyidaungsu Hluttaw grants permission, and all the projects will be completed within three years, under the guidance of the Union government.

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