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Thilawa SEZ says it has signed up 18 companies so far


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Thilawa SEZ says it has signed up 18 companies so far

Eighteen local and foreign companies have signed deals with the management committee for Thilawa Special Economic Zone to open plants in its first phase, which covers 400 hectares south of Yangon, a member of the committee said.

“We have sighed deals with 18 companies, including companies from Cambodia, Hong Kong, Japan, Singapore, Taiwan and the United States as well as three Myanmar companies,” the executive said. “They will operate factories such as electronic manufacturing, construction materials production, and glove and garment manufacturing. US-based Ball Corporation is one of the investors,” the executive said.

Continues here:- http://www.elevenmyanmar.com/index.php?option=com_content&view=article&id=7519:thilawa-sez-says-it-has-signed-up-18-companies-so-far&catid=33:business&Itemid=356

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Thousands of acres, 4 years on and they've managed a meagre 18 companies.

Potential investors better be careful they don't get caught in the stampede.cheesy.gif

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