The law has paved the way for special economic zones sezs in myanmar. Advantages of sez and important special economic zones in india. Part ii zimbabwe special economic zol special economic zones authority there is hereby established a body, to be known as the zimbabwe special. From free zones to special economic zones the uae case study presented by. The success factors of chinese special economic zones include the strong and longterm commitment of the government, a conducive business environment in the zones, strategic locations, technology upgrading and skills training, and strong linkages with the local economy. Oecd 2012, downloadable data, pisa 2012 database, oecd. Special economic zones directorate of investment and. Trat special economic development zone comprises 3 subdistricts in khlong yai district of trat province, including khlong yai, hat lek, and mai rut. Typically, special zones are regions designated for economic development oriented towards attracting the fdi and export promotion, both fostered by special policy incentives. Frequently asked questions faqs thilawa sez management. Thilawa sez in need of internationalstandard jetties and. The project is part of the 1,000acre industrial zone in htantabin township. Japanese economic zone araihazar indian economic zone. Both myanmar and japan governments jointly established the thilawa sez.
The concept of sez is described by different countries of the world is no less than 19 different terms, such as free trade zone ftz, industrial zone singapore. The afdb does not guarantee the accuracy of the data included in this publication, and accept no responsibility for any consequence of their use. A special economic zone sez is a geographical region that has economic laws more liberal than a countrys typical economic laws. A special economic zone sez is a geographical region that has economic laws that are more liberal than a countrys domestic economic laws. Progress, emerging challenges, and future directions. Thilawa special economic zone sez, myanmar overview the thilawa sez, located 23 km southeast of yangon, is the first largescale sez in myanmar. Thilawa special economic zone management committee room no. Economic zones also face changing regulatory environments. Gk, general studies, optional notes for upsc, ias, banking, civil services.
Thilawa special economic zone the government of myanmar has identified three special economic zones as pioneer projects namely thilawa sez in yangon region, dawei sez in taninthayi region and kyaukphyu sez in rakhine state. Toyota plans to construct the new tmy plant in the thilawa special economic zone, situated in the southern suburbs of yangon city, the countrys largest metropolis. Get your 3day weather forecast for thilawa, yangon, myanmar. Pdf thilawa special economic zone sez is located beside the thanlyin and kyauktan townships, about 20 km southeast side of yangon city. Special economic zones in myanmar and the state duty to protect human rights.
On december 21, 2012, myanmar and japan agreed to develop an industrial park of about 400 hectares in thilawa special economic zone near yangon. The international multipurpose container port, wholly owned by hutchison port holdings hph, can operate 24. This type of special economic zone can be established anywhere, regardless of location 4, 5, 8, 9. The main policy statement of the first special economic zone policy statement states that these sez units of india shall be offered tax rebates, fiscal incentives and lands at subsidized rates and these are the primary advantages of sez units in india.
If a zonebased firm is prohibited from selling to the domestic market, but suddenly the regional trade agreement makes its neighboring countries domestic from a customs perspec. Welcome to special economic zone sez india was one of the first in asia to recognize the effectiveness of the export processing zone epz model in promoting exports, with asias first epz set up in kandla in 1965. It is a trade capacity development tool, with a goal to promote rapid economic growth by using tax and business incentives to attract foreign investment and technology. Special economic zone or sez refers to a totally commercial area specially established for the promotion foreign trade. Special economic zone sez is a specifically delineated duty free enclave, which shall be deemed to be a foreign territory for the purposes of trade operations and duties and tariffs. Investment opportunities in sez palu investment opportunities in sez palu industrial zone commercial zone supporting facilities zone. Toyota to establish new plant in myanmar corporate. Special economic zones sezs have become a popular policy instrument around the. The thilawa special economic zone may become a vital link in the east west economic corridor linking myanmar, thailand, laos, cambodia and vietnam.
The thilawa special economic zone located on the outskirts of yangon is the first special economic zone sez built in myanmar, and had become fully commercially operational in september 2015. Myanmar thilawa sez holdings mtsh is planning to build a mall in the thilawa special economic zone in the. The first phase of the sez is slated to complete in 2016, but was launched at the end of september 2015. List of investors thilawa sez management committee. Myanman steel companies in thilawa sez expand production. Among the three sezs, thilawa special economic zone is one of the first most successful sez in myanmar. We send thura newsviews as free weekly newsletter indicates required. The information session was open by the secretary of thilawa special economic zone, dr. The geographic designation of special economic zones wendy nyakabawo november 2014 abstract. Inside thilawa sez, where both the hard and soft infrastructure from roads and utilities to supporting services such as maintenance are. Kyauk phyu in rakhine state, dawei in the thanintharyi region and the thilawa in yangon region. Notice to applicants of permit for investment in the thilawa special economic zone can be downloaded from the following link.
Japanese business hotel chain super hotel has opened its second property in myanmar, at the thilawa special economic zone sez, on the outskirts of yangon. Pdf design of mega solar power generation system in. The zone is being developed in cooperation with the japanese government in two phases. Chee kian leong, forthcoming special economic zones and growth in. Special economic zone is a specifically duty free enclave and shall be deemed to be foreign territory for the purpose of trade operations and duties and tariffs. It consists of 129 rooms, mostly with single beds, aimed at business people. Special economic zone palu sez palu is the first special economic zone in indonesia which is located in the strategic trading channel in sulawesi. Investigation report thilawa special economic zone.
Nairobi ministry of industrialization and enterprise. Simplynotes special economic zones sez simplynotes. Thilawa sez to become east west economic corridor thura. The concept of free zone special zone has existed for many years the oldest one started out as the special zone in the year 1830 in gibraltar. The myanmarjapan thilawa development limited mjtd yesterday announced that plots for the zone b second phase covering 77 hectares of the thilawa special economic zone sez will be available for sale in july this year. It has shown more improvement in infrastructure and so, investments are flowing into the.
In some countries, such a region is even treated as a deemed foreign. Growing trade pushes myanmar to expand thilawa port. Therepublicoftheunionofmyanmar the managementcommittee thilawaspecialeconomic zone. This will bring the total operating area in thilawa sez up to 583 hectares, and open up more opportunities for. Sezs are generally defined as geographi cally delimited areas administered by a single body, offering certain incentives generally duty free importing and streamlined customs procedures, for instance to businesses which physically locate. Mohak mangal and matthieu teachout,amit khandelwal 30 sep 2016. Other special economic zones online burmamyanmar library. Special economic zones in myanmar special economic zones an sez is a delineated geographical area with a special legal regime for business activity.
Myanmarjapan development limited has announced it will begin selling plots on zone b of the thilawa special economic zone in july. Myanmars economic zones can be special the myanmar times. On thursday 8th of august 2019, thilawa sez introduced digital format of form g for the first time. Policy and controversy 3 the land acquisition act the misuse of public purpose 5 loss of revenue 8 inadequate compensation and rehabilitation 9 environmental concerns 10 nationwide resistance to sezs 11 3 polepally sez. The term special economic zones sezs covers a broad range of zones, such as freetrade zones, exportprocessing zones, industrial parks, economic and. The six free trade zones will be thilawa port in yangon, mawlamyine in mon state, myawaddy and hpaan in kayin state, kyaukphyu in rakhine state and pyin oo lwin in mandalay region. Factories in thilawa sez continue operations global new. Many southeast asian countries have adopted sezs, which typically involve. From free zones to special economic zones the uae case study.
Free port economic zone is typical in promoting activities. These can be achieved by creating a first class businessfriendly environment business and property registration. Myanmar times reported that two steel manufacturing companies in the thilawa special economic zone near yangon are ramping up production and set to expand their markets and products. Toyota to establish assembly plant at thilawa sez thura.
The thilawa special economic zone located on the outskirts of yangon is the first special economic zone sez to be built in myanmar, and will be fully commercially operational within 2015. With the factories running, their employees are working as usual. Sustainable and special economic zone selection under fuzzy. Japanese hotel chain opens property at thilawa sez thura.
Special economic zones act, 2005, was passed by parliament in may, 2005 and received presidential assent on the 23rd of june, 2005. One example of this is the growth of regional trade agreements and of regional integration more broadly. Special economic zone what is a sez indian economy. Special economic zones sezs emerged internationally as a policy to support industrial development in particular by providing for the introduction of targeted incentives and infrastructure. The htantabin industrial zone will be implemented in two steps, and is expected to create about 150,000 jobs, said.
Since 2010, the myanmar government has implemented political and eco. Earlier, in january 2011, the thein sein administration had enacted the myanmar special economic zone law. General information on myanmar special economic zones. To meet increasing of power demand in thilawa sez, 50mw dual. According to this study, all necessary infrastructures for investors are made available in the thilawa. Over 80 factories in the thilawa special economic zone are currently operating. Special economic zones in myanmar and the state duty to. The main objectives are to examine fdi flow into thilawa sez, and to explore swot conditions of thilawa sez. Therefore, sez palu is a very strategic integrated logistics zone. Inside thilawa sez, where both the hard and soft infrastructure from roads and utilities to supporting services such as maintenance will be developed up to the international. U shwe hein, followed by updated information from ird department about personal income tax adjustment during this mini budget and closed by a presentation from nisu about digitization of form g.
Usually the goal is flourishment in foreign investment. Aspiring to win the general election in november 2015, thein sein requested that japan consider additional support for a major expansion of the zone. For the extensive operations of factories, thilawa special economic zone is in need of internationalstandard jetties and logistics services, said win aung, chair of myanmar thilawa special economic zone holdings public co. This article deals with issues pertaining to the special economic zones in india. East west special economic zone sez kishoreganj economic zone kez government to government economic zone. Pdf design of mega solar power generation plant for.
Introduction to the case study 12 methodology of the survey. According to the mtshs annual report for 20182019 fiscal year, the mtsh is conducting preliminary surveys to transform the zone into a multimodal logistic. Thilawa special economic zone management committee. A special economic zone sez is a specifically defined area, which has special economic laws targeted towards promotion of economic activity, within the given geographical region. Songkhla special economic development zone comprises 4 subdistricts in sadao district of songkhla province including sadao, samnak kham, samnak taeo and padang besar. The zone, which is 2,400 hectares ha in total, is being developed in phases under myanmar japan thilawa development ltd. Japanese car manufacturing giant toyota group is to begin work at an assembly plant at the thilawa special economic zone sez on the outskirts of.
A special economic zone sez is an area in which the business and trade laws are different. In order to carry out their implementation, the central body, central working. Thilawa special economic zone sez is located beside the thanlyin and kyauktan townships, about 20 km southeast side of yangon city. As stipulated in the objection procedures, the objective of an investigation by the examiners is i to find the facts whether jica has complied with the. Free zones free economic zones fz fez, free economic zones fez or free zones fz are a class of special economic zone sez designated by the trade and commerce administrations of various countries. Analysis suggests that the most important benefit for workers in the zone is the knowledge and skills they acquire on the job. Workers ride past a steel factory in thilawa special economic zone.
Thilawa special economic zone sez, myanmar the thilawa sez, 23 km southeast of yangon, is the first sez to be established by the myanmar government. Thilawa, yangon, myanmar three day weather forecast. All zones beza bangladesh economic zones authority. The special economic zone law was enacted in 2014, and its implementing rules were published in 2015. Mar 14, 2017 contents special economic zones sez history of sez benefits of sez facilities for sez types of sez distribution of sezs export performances positive impact of sez 3. This benefit is even more important among managers. Of the three special economic zones, thilawa, dawei, and kyaukpyu, the thilawa sez has shown huge economic growth and the most improvement, said u aung htoo, the deputy minister for commerce. A special economic zone sez is a specified, delineated and dutyfree geographical region that has different economic laws from those of the country in which it is situated. Email address leave this field empty if youre human. This study is focused on fdi in thilawa special economic zone over the period of 2014 to 2018. Free ports free port or port zone or port or airport special economic zone is one of the most expansive types of sez. Firms in thilawa special economic zone sez have created around 5,000 jobs inside the zone as of 1 february 2018. Mitt is a deep river port 25 kilometres 16 mi south of yangon in myanmar.
The term is used to designate areas in which companies are taxed very lightly or not at all to encourage economic activity. Special economic zone act passed in may 2005 came into force from february 10, 2006. Over the decades, the universe of special economic zones sezs has become. The afdb does not guarantee the accuracy of the data included. For special economic zones sezs to be successful undertakings, they need to provide a unique value improvement to the investment location. Digitization of form g thilawa special economic zone.
Free zones and entrepots have been used for centuries to guarantee free storage and. The aim of these special economic zones is to promote trade, manufacturing and other business activities. For countries as diverse as china and mauritius, special economic zones sezs have been a powerful tool to attract foreign investment, promote exportoriented growth, and generate employment. Download sez law english version, download sez rules myanmar version at this moment thilawa special economic zone management committee room no. A special economic zone sez is a geographical region that is designed to export goods and provide employment. The geographic designation of special economic zones.
Myanmar information management unit industrial and special. Special economic zone sez is a specifically delineated duty free enclave, which shall be deemed to be a foreign territory for the purposes of trade operations. Mjtd, a publicprivate partnership joint venture initiated by. Edited by thomas farole gokhan akinci international trade department investment climate department. Basic facts about thilawa sez development myanmar version download. Over 80 factories in thilawa special economic zone are operating as usual despite the covid19 pandemic, according to dr than than nwe, secretary of the thilawa sez management committee. Sales of plots for thilawa sez zone b available global.