Thilawa SEZ to start building basic infastructure
Published on Wednesday, 23 April 2014 17:23
Joint-venture company Penta-Suntac will soon begin construction of basic infrastructure at the Thilawa Special Economic Zone (SEZ), according to the site management committee.
They are currently in discussion with the department of irrigation and the Ministry of Electric Power to provide electricity and water according to officials from the Thilawa SEZ Management Committee.
"Currently the dwellings located in the project areas have been removed. The joint ventured company has already built roads and done ground levelling," said Sett Aung, chairman of Thilawa SEZ Management Committee.
Deputy Minister for Electric Power Aung Than Oo said that the construction of a 33 KVA sub-power station will be built using overseas loans during the next 2014-2015 fiscal year.
The construction of Thilawa SEZ started on November 30, 2013 with investment from the joint-venture Myanmar Japan Thilawa Development Limited. The industrial complex includes 2,342 hectares (about 5,787 acres) and Zone A has 396 hectares (about 978 acres).
Myanmar holds 51 percent in shares of the company Japan has 49 percent.
http://www.information.myanmaronlinecentre.com/thilawa-sez-to-start-building-basic-infastructure/
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