Alex
Kingdom of Greece
- Apr 16, 2019
- 5,237
TYPE | Infrastructure |
BUILDER | Myanmar |
CLIENT | Myanmar |
SITE LOCATION | Myanmar (Burma) |
SECTOR | Business |
PROJECT NAME | Myanmar Special Economic Zones Expansion Project |
PROJECT COST | 10,000,000,000.00 |
COMPLETION DATE | 02/05/2026 |
PROJECT INFORMATION | The Myanmar Special Economic Zones Expansion Project is a national infrastructure development initiative designed to establish five Special Economic Zones (SEZs) across the country. This project aims to attract foreign direct investment, boost manufacturing capabilities, create employment opportunities, and enhance Myanmar's position as a regional manufacturing and logistics hub. Project Objectives:
Zone 1: Yangon Industrial SEZ (3,500 hectares)
Zone 2: Mandalay Manufacturing SEZ (3,000 hectares)
Zone 3: Thilawa Expansion SEZ (2,500 hectares)
Zone 4: Dawei Coastal SEZ (4,000 hectares)
Zone 5: Muse Border Trade SEZ (2,000 hectares)
Each SEZ will have the following: ready-to-use factory plots with all utilities, dedicated power substations (500MW total capacity), industrial water treatment and supply facilities, fiber optic networks and 3G connectivity, internal road networks, rail spurs, and cargo handling facilities, and industrial waste treatment and recycling centres. Multi-modal logistics hubs in each zone, temperature-controlled and general storage facilities, inland container depots with customs facilities, and heavy vehicle parking and maintenance facilities. One-stop service centres for permits and licensing, banks, insurance, and trade finance facilities, skills development and technical training facilities, worker housing and dormitory complexes, shopping centres, restaurants, and healthcare facilities. Each SEZ will take 3 phases and all five SEZs will take roughly eighteen months to build. |