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    US$30 BILLION INDUSTRIAL ZONE TO BE BUILT IN KYAUKPHYU SEZ, MYANMAR
 
     
  A US$30 billion industrial zone is all set to be developed within the Kyaukphyu Special Economic Zone (SEZ), Myanmar, led by China’s CITIC Consortium and a total of 42 private Myanmar companies under the Myanmar Kyaukphyu SEZ Holding Public Company. The Industrial zone will be developed on 2,400 acres of land with a high-end housing project constructed across 1,235 acres. According to Deputy Commerce Minister U Aung Htoo, negotiations are now being held to start the implementation of the first phase of the project at US$1.3 billion. Tenders will be called to carry out social and environmental assessments and geological surveys as part of the development process.  
     
   
     
  The SEZ is an important asset in the China-Myanmar Economic Corridor, which is part of China’s Belt and Road Initiative, spanning several countries in Asia. It will also be an important connecting point for the high-speed Kunming-Muse-Mandalay-Kyaukphyu railway project. Furthermore, with Yangon’s regional Government signing a concession agreement worth US$750 million to develop a housing and mixed-use project, and many more developments in the pipeline, there are numerous investment and business opportunities ripe for the taking in Myanmar’s power and electrical engineering industry.

If you are looking for a one-stop marketing platform to meet all your business objectives, MYANENERGY 2020 - Myanmar’s No.1 International Power Generation, Transmission, Distribution and Electrical Engineering Exhibition is the answer. Held at the Myanmar Expo Hall, in Yangon from 19 -21 November 2020, the Expo will feature a wide range of equipment, technology and supplies showcased by over 200 exhibitors representing 12 countries. Drawing in thousands of industry professionals and trade visitors from all over Myanmar, this is the ultimate avenue to meet with interested buyers and key decision makers.

As of January 31, 2020, Myanmar's power sector topped the list with most investment capital and has attracted over US$1 billion of investment capital from six permitted foreign enterprises in the first four months of the current fiscal year 2019 – 2020. With Myanmar requiring about US$2 billion a year to meet growth demands and upgrade electricity infrastructure, 2020 is the best period to expand your business into the Myanmar market.
 
     
  Do not miss out on this amazing opportunity!

Contact Ms. Juju at juju@ambtarsus.com to book your preferred booth location today.