Tag Archive | "SEZ"

Kyaukpyu SEZ Delayed for 13 Months

Kyaukpyu SEZ Delayed for 13 Months

13 May 2014

The Kyaukpyu Special Economic Zone faces a delay of 13 months, a deputy minister told a meeting on May 7, according to local reports. Deputy Minister of Railway Transportation U Myint Thein, who is also the Kyaukpyu SEZ Implementing Committee secretary, announced the 13 month delay from the previously announced schedule at a meeting in […]

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Investors Waiting For Kyaukpyu SEZ Development Plan

Investors Waiting For Kyaukpyu SEZ Development Plan

30 April 2014

Potential investors in the Arakan State’s Kyaukpyu Special Economic Zone are standing by in expectation of invitations to make their bids, but there is still no date set for invitation issuance as leaders are still working on the plan for developing the SEZ. A working group made of consulting firm representatives has been selected to […]

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Twelve Potential Locations for Kyaukpyu Deep Sea Port

Twelve Potential Locations for Kyaukpyu Deep Sea Port

04 April 2014

A committee of the Kyaukpyu Special Economic Zone has released its report on the development of the Kyaukpyu deep-sea port.  In the report, the committee states that twelve locations have been identified as appropriate sites for the port, expected to be the top deep-sea port in Southeast Asia. Members of Economy Zone Tender Invitation and […]

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After Refusing Loan, Burma Awaits China’s Decision on Road Link

After Refusing Loan, Burma Awaits China’s Decision on Road Link

04 April 2014

Win Myint, Deputy Construction Minister of Burma revealed they are awaiting China’s reaction to the suggested highway connecting the prospective Kyaukpyu industrial zone on the west shoreline of Burma with Ruili in Southwest China. Burmese reporters have quoted unidentified Construction Ministry representatives as saying that Naypyidaw had declined a US$2billion loan offered by China to […]

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Japanese Foreign Minister Hopes to Strengthen Connections on Visit to Burma

Japanese Foreign Minister Hopes to Strengthen Connections on Visit to Burma

03 April 2014

Japan’s foreign minister, Fumio Kishida, met up with his Burmese equivalent, Wunna Maung Lwin, along with President Thein Sein and opposition leader Aung San Suu Kyi during the course of two days of political and economical conversations last week. Kishida arrived in Rangoon on Sunday afternoon and restated Japan’s support for democratic changes, as economic […]

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CPG Signs As Advisor For Kyaukpyu SEZ

CPG Signs As Advisor For Kyaukpyu SEZ

22 March 2014

CPG Consultancy Ltd., a Singaporean company, is signing with the Kyaukpyu Special Economic Zone’s bid invitation and selection committee and serving as the key advisor for choosing and inviting international developers to the SEZ. The news came from Ba Shwe, a committee member. The Kyaukpyu SEZ covers 1000 acres and is located four miles from […]

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Public company to develop the Kyaukpyu SEZ

Public company to develop the Kyaukpyu SEZ

14 March 2014

The Kyaukpyu Special Economic Zone (SEZ) project is to be developed by a public company made up of 11 Burmese businessmen. According to reports, Mya Han, Fortune International Company chairperson, will be acting as chair of the new public company. About $277 million is going to be spent building the Kyaukpyu SEZ, which is being […]

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Singapore Syndicate Gains Kyaukpyu SEZ Consulting Tender

Singapore Syndicate Gains Kyaukpyu SEZ Consulting Tender

03 March 2014

Singapore-based syndicate Creative Professional Group (CPG) has landed a hotly-contested bid to operate as advisor for the Kyaukpyu Special Economic Zone, it was declared in Yangon on March 3. CPG earned the tender from the Singapore subdivision of Netherlands-based KPBG, that was considered as backup advisor, the combined secretaire of the Kyaukphyu SEZ bidding assessment […]

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Tax Incentives For SEZ Investors Now In Effect

Tax Incentives For SEZ Investors Now In Effect

29 January 2014

Recently enacted legislation in Burma, also known as Myanmar, includes significant tax incentives for investors in Special Economic Zones (SEZ). President Thein Sein signed the new tax law into effect on January 23rd, and the laws were reported on by state-owned media outlets on January 25th. Income tax exemptions are allowed for both local and […]

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Burma Officials Urge Chinese Investment in Kyaukpyu SEZ

Burma Officials Urge Chinese Investment in Kyaukpyu SEZ

09 December 2013

Chinese investors were urged by Burmese officials to make an investment in the Kyaukpyu Special Economic Zone (SEZ) during talks between the two countries. The discussions happened Saturday as part of a bilateral trade meeting. The Kyaukpyu SEZ is located on Burma’s western coast and is one of three SEZ’s in the nation. At the […]

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aHR0cDovL3d3dy5yYW1yZWUuY29tL3dwLWNvbnRlbnQvd29vX3VwbG9hZHMvMy1sb2dvLnBuZyI7fTwvbGk+PGxpPjxzdHJvbmc+d29vX3ZpZGVvX2NhdGVnb3J5PC9zdHJvbmc+IC0gVmlkZW9zPC9saT48L3VsPg==