{"id":1499,"date":"2021-02-26T02:53:49","date_gmt":"2021-02-25T20:23:49","guid":{"rendered":"https:\/\/directorsdirectory.com\/?post_type=listing&p=1499"},"modified":"2024-03-01T15:40:50","modified_gmt":"2024-03-01T08:40:50","slug":"thilawa-special-economic-zone","status":"publish","type":"post","link":"https:\/\/directorsdirectory.com\/thilawa-special-economic-zone\/","title":{"rendered":"Thilawa Special Economic Zone"},"content":{"rendered":"\t\t
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Myanmar - \u101e\u102e\u101c\u101d\u102b \u101e\u1010\u1039\u1010\u101d\u102b \u1002\u103b\u1015\u1014\u103a\u1021\u1011\u1030\u1038 \u1007\u102f\u1014\u103a\u1010\u102f\u1014\u103a<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\"Thilawa\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Thilawa Special Economic Zone – located on the outskirts of Yangon – is the first Special Economic Zone (SEZ)\u00a0built in Myanmar. It had become\u00a0fully operational in\u00a02015. Inside Thilawa SEZ, both the hard and soft infrastructure – from roads and utilities to supporting services such as maintenance – have been\u00a0developed to the international standards. It is located at around\u00a020\u00a0km\u00a0South-East of Yangon. This is the biggest commercial city of Myanmar and very close to the Thilawa container port.<\/p>\n\n

Currently the SEZ has over 110 investors from a wide range of countries and will expand further over the coming years.<\/p>\n\n

Military coup<\/h3>\n

The aftermath of the 2021 military coup in Myanmar has left indelible wounds on the nation’s economy. Nearly half of the population grapples with poverty, and years of developmental strides have been obliterated. The landscape of recovery appears grim, marred by weak consumer demand, stringent currency controls, international sanctions, and an intensifying conflict. In this stark scenario, the garment industry emerges as a faint beacon of optimism, albeit entwined with the exploitation of labor and unsustainable practices. As public services falter and humanitarian needs soar, Myanmar’s destiny teeters on the precipice. The regime, besieged by mounting pressure, faces a critical juncture. The nation’s trajectory hinges on a pivotal shift towards a federal democracy, signaling an end to the grip of military rule.<\/p>\n

In February 2024, to address the Tatmadaw’s personnel issues, Min Aung Hlaing activated Myanmar’s 1959 conscription law for the first time, with plans to draft 60,000 young men and women. Men aged 18\u201335 and women aged 18\u201327 will be required to serve up to five years under the state of emergency, or face five years imprisonment. This is leading to a further exodus from the country and will further depress the economy and investment. <\/p>\n\n

Additional Details for Thilawa Special Economic Zone<\/h3>\n\n