Foreign investments of over US$2.188 billion have been pumped into Thilawa Special Economic Zone under the Special Economic Zone Law as of November 2022, the statistics released by the Directorate of Investment and Company Administration (DICA) indicated.
Myanmar Investment Commission will prioritize the manufacturing of fertilizer, cement, iron and steel, value-added foodstuff, electric vehicle and pharmaceutical and medical supplies, agriculture and livestock farming and related industries and public transportation services for investments.
At present, approximately 102 factories are running at Zone A and B of the Thilawa SEZ. The power sector topped the investment line-ups with more than $3.121 billion of investment, as per the DICA.
The commission welcomes both foreign direct investment and domestic investments made by Myanmar citizens in those sectors. MIC and the related ministries will also ensure investment facilitation. – TWA/EMM
Thilawa SEZ attracts over US$2.188 bln as of Nov 2022
- January 04, 2023
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