• Burmese
Wednesday, June 18, 2025
No Result
View All Result
NEWSLETTER
The Irrawaddy
30 °c
Yangon
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Business
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Junta Watch
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Books
  • Donation
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Business
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Junta Watch
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Books
  • Donation
No Result
View All Result
The Irrawaddy
No Result
View All Result
Home Business

Thilawa SEZ Receives US$900 Million in Foreign Investment

May Soe San by May Soe San
December 22, 2016
in Business
Reading Time: 1 min read
0 0
A A
A man works at the site of the Thilawa Special Economic Zone (SEZ) project, May 2015. / Soe Zeya Tun / Reuters

A man works at the site of the Thilawa Special Economic Zone (SEZ) project, May 2015. / Soe Zeya Tun / Reuters

5.6k
VIEWS
Share on FacebookShare on Twitter

RANGOON — Japan-backed Thilawa Special Economic Zone (SEZ) in Rangoon’s Thanlyin Township has received more than US$900 million in foreign investment since its launch in 2014, said a recent report issued by the Myanmar Investment Commission (MIC).

“Since the start of the operation, the SEZ has received US$903 million foreign investment,” MIC secretary U Aung Naing Oo told The Irrawaddy.

Since 2014, the MIC has given the green light to 75 businesses from 17 countries to operate in the economic zone. So far, 19 factories have started production, according to the MIC report.

RelatedPosts

China’s Bet on Myanmar Junta Risks Backfiring

China’s Bet on Myanmar Junta Risks Backfiring

June 17, 2025
1.3k
Chameleon Crony: How Myanmar’s ‘Baby’ Tycoon Thrived Across Four Eras

Chameleon Crony: How Myanmar’s ‘Baby’ Tycoon Thrived Across Four Eras

June 10, 2025
4.3k
Trump-Musk Alliance Melts Down in Blazing Public Row

Trump-Musk Alliance Melts Down in Blazing Public Row

June 6, 2025
505

Japan is the largest investor in the Thilawa SEZ, followed by Hong Kong, China, Korea, Singapore and the United States.

From April to December of the current fiscal year, the SEZ received US$190 million in foreign investment, said U Aung Naing Oo.

The industrial production sector has received about 76.5 percent of foreign investment; the transportation sector, 8 percent; the service industry, 7.5 percent; the real estate industry, 2 percent; and trading, 6 percent, according to a spokesperson from MIC.

Burma has received a total of US$3.65 billion in foreign investment during the 2016-17 fiscal year—a decline of US$1.3 billion compared to the same period last year.

Covering 6,200-acres, the industrial project is a joint venture between the governments of Burma and Japan and consortiums including Japan Thilawa Development Co Ltd backed by Mitsubishi, Marubeni and Sumitomo corporations, Myanmar Thilawa SEZ Holdings backed by local companies, the Thilawa SEZ management committee and the Japan International Cooperation Agency (JICA).

Your Thoughts …
Tags: BusinessDevelopmentInvestment
May Soe San

May Soe San

The Irrawaddy

Similar Picks:

General Close to Myanmar Junta Boss Placed Under House Arrest, Interrogated for Corruption
Burma

General Close to Myanmar Junta Boss Placed Under House Arrest, Interrogated for Corruption

by The Irrawaddy
September 14, 2023
28.7k

The arrest of ‘kickback king’ Lt-Gen Moe Myint Tun, once seen as a possible successor to Min Aung Hlaing, comes...

Read moreDetails
Myanmar Junta Arrests Thai Condo Buyers, Realtors as Currency Crashes
Business

Myanmar Junta Arrests Thai Condo Buyers, Realtors as Currency Crashes

by The Irrawaddy
June 4, 2024
27.6k

Monday’s arrests follow reports that Myanmar has become one of Thailand’s most lucrative markets for selling condos since the 2021...

Read moreDetails
Post-Coup Myanmar is a Family Business: Min Aung Hlaing & Co
Burma

Post-Coup Myanmar is a Family Business: Min Aung Hlaing & Co

by David Aung
February 8, 2024
17.9k

Min Aung Hlaing is an opportunistic businessman in military uniform and his children are more mercenary than the offspring of...

Read moreDetails
KIA Seizes Myanmar Junta’s Last Remaining China Trade Route in Kachin State
War Against the Junta

KIA Seizes Myanmar Junta’s Last Remaining China Trade Route in Kachin State

by The Irrawaddy
June 14, 2024
17.1k

The military regime has also lost control of all border trade in neighboring northern Shan State.

Read moreDetails
Myanmar Junta Reportedly Set to Prosecute High-Profile Businessmen for Corruption
Junta Cronies

Myanmar Junta Reportedly Set to Prosecute High-Profile Businessmen for Corruption

by The Irrawaddy
October 18, 2023
15.9k

Regime cronies Thein Win Zaw and Mu Mu Shein are set to follow former lieutenant general Moe Myint Tun as...

Read moreDetails
Myanmar Junta’s ‘Brainless’ Response to Soaring Gold Prices Leaves Market in Disarray
Analysis

Myanmar Junta’s ‘Brainless’ Response to Soaring Gold Prices Leaves Market in Disarray

by Hein Htoo Zan
June 4, 2024
14.8k

Arrests, corruption, false receipts—the crisis in the gold and currency markets bears all the hallmarks of the junta’s inability to...

Read moreDetails
Load More
Next Post
Displaced civilians take shelter inside a monastery in Namtu town, Dec. 22, 2016. / Khun Myo Satt

Ethnic Armed Groups Clash in Shan State, Killing One Civilian

Rangoon divisional office pictured after an explosion on Nov. 25. / Pyay Kyaw / The Irrawaddy

Investigation Into Rangoon Explosions Wraps Up

No Result
View All Result

Recommended

China is Systematically Dismantling Tibetan Monastic Traditions

China is Systematically Dismantling Tibetan Monastic Traditions

2 days ago
1.5k
China’s Bet on Myanmar Junta Risks Backfiring

China’s Bet on Myanmar Junta Risks Backfiring

1 day ago
1.3k

Most Read

  • Myanmar Junta Attacks to Reclaim KIA’s Jade and Rare Earth Strongholds

    Myanmar Junta Attacks to Reclaim KIA’s Jade and Rare Earth Strongholds

    shares
    Share 0 Tweet 0
  • Updated Timeline: Key Events in the Life of Myanmar’s Daw Aung San Suu Kyi

    shares
    Share 0 Tweet 0
  • China’s Bet on Myanmar Junta Risks Backfiring

    shares
    Share 0 Tweet 0
  • China is Systematically Dismantling Tibetan Monastic Traditions

    shares
    Share 0 Tweet 0
  • Israel-Iran Conflict: Latest Developments

    shares
    Share 0 Tweet 0

Newsletter

Get The Irrawaddy’s latest news, analyses and opinion pieces on Myanmar in your inbox.

Subscribe here for daily updates.

Contents

  • News
  • Politics
  • War Against the Junta
  • Myanmar’s Crisis & the World
  • Conflicts In Numbers
  • Junta Crony
  • Ethnic Issues
  • Asia
  • World
  • Business
  • Economy
  • Election 2020
  • Elections in History
  • Cartoons
  • Features
  • Opinion
  • Editorial
  • Commentary
  • Guest Column
  • Analysis
  • Letters
  • In Person
  • Interview
  • Profile
  • Dateline
  • Specials
  • Myanmar Diary
  • Women & Gender
  • Places in History
  • On This Day
  • From the Archive
  • Myanmar & COVID-19
  • Intelligence
  • Myanmar-China Watch
  • Lifestyle
  • Travel
  • Food
  • Fashion & Design
  • Videos
  • Photos
  • Photo Essay
  • Donation

About The Irrawaddy

Founded in 1993 by a group of Myanmar journalists living in exile in Thailand, The Irrawaddy is a leading source of reliable news, information, and analysis on Burma/Myanmar and the Southeast Asian region. From its inception, The Irrawaddy has been an independent news media group, unaffiliated with any political party, organization or government. We believe that media must be free and independent and we strive to preserve press freedom.

  • Copyright
  • Code of Ethics
  • Privacy Policy
  • Team
  • About Us
  • Careers
  • Contact
  • Burmese

© 2023 Irrawaddy Publishing Group. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Business
    • Economy
    • Business Roundup
  • Books
  • Donation

© 2023 Irrawaddy Publishing Group. All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.