Special Economic Zones:
Special Economic Zones in Myanmar are being implemented with the objectives of supporting the national economic development plan, boosting employment opportunities, increasing foreign exchange earnings by promoting the export of goods, the development of the industrial, economic and social sectors, promoting the flow of domestic and foreign investments.
The Special Economic Zone Law was enacted in 2014, and its implementing Rules were published in 2015. The law has paved the way for Special Economic Zones (SEZs) in Myanmar. There are currently three SEZs in development: Kyauk Phyu in Rakhine State, Dawei in the Thanintharyi Region and the Thilawa in Yangon Region. In order to carry out their implementation, the Central Body, Central Working Body and Management Committee was formed under the SEZ Law.
To learn more about Special Economic Zones, https://www.dica.gov.mm/en/special-economic-zones
Thilawa Special Economic Zone
The Thilawa Special Economic Zone - located on the outskirts of Yangon - is the first Special Economic Zone (SEZ) to be built in Myanmar, and will be fully (commercially) operational within 2015. Inside Thilawa SEZ, (where) both (the) hard and soft infrastructure - from roads and utilities to supporting services such as maintenance - will be developed up to the international standard. It is located at 14 miles (23 km) South-East of Yangon, which is the biggest commercial city of Myanmar. The construction of all the hard infrastructures inside the zone has commenced since November 2013. The required soft infrastructures are being build up to be in line with the international standards.
To learn more about Thilawa Special Economic Zone, https://www.thilawasez.gov.mm/
Dawei Special Economic Zone
Dawei SEZ is located in Tanintharyi Region of Myanmar, adjacent to the Andaman Sea and near the Gulf of Thailand. Dawei city is the capital city of Taninthayi Region. Taninthayi Region occupies the southern part of Myanmar and borders Mon State in the north, Thailand in the east and south and Andaman sea in the west. Taninthayi Region has an area of 26777 square kilometers and a population of 1.40 million. Dawei SEZ has an area of 196 square kilometres.
Dawei SEZ, local and regional integration is one of the pillars of the Dawei SEZ master plan. For example, fish processing factories are expected to be attracted to Dawei SEZ, leveraging the potential of aquaculture in Southern Myanmar. Also, Dawei SEZ can play a role in terms of regional integration across ASEAN. Dawei SEZ will complete the Greater Mekong Sub-region (GMS) Southern Economic Corridor and establishes regional connectivity and land bridge between Dawei, Bangkok, Phnom Penh and Ho Chi Minh.
Dawei SEZ would also strengthen supply chain linkage with Thailand's Eastern Seaboard (ESB), providing opportunities for co-manufacturing linkages with the ESB and inducing the economic activities along the corridor. Dawei SEZ also provides a gateway to the west (India, Middle East, Africa, Europe) for the region.
To learn more about Dawei Special Economic Zone, https://daweisezmc.com/
Kyauk Phyu Special Economic Zone
Kyaukphyu Special Economic Zone is being developed on Kyaukphyu, Ramree Island, Rakhine State as the western maritime gateway, passing through the middle part of Myanmar, Mandalay, to Kunming of Yunnan Province of China. Kyaukpyu township is located in the Bay of Bengal and is a strategic site for development in the future. For such valuable economic opportunities, the government encouraged international investments to establish a special economic zone in Kyaukpyu. Moreover, the deep seaport project to be carried out in Kyaukpyu Special Economic Zone with an enormous investment volume will be a project that will support the economic growth of the country. The project will create jobs for the locals in the country and the people in Kyaukpyu region of Rakhine and support the country’s socioeconomic status. It would offer imported products from South Asia, West Asia, and Africa with a shorter route to the Chinese mainland, thereby cutting transport time and costs. The Kyaukpyu Deep Seaport Project will be the first international seaport in Myanmar. The industrial park project will also be implemented with the deep sea-port project to provide the locals with job opportunities.
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