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#Myanmar announced at a virtual biz forum with #Japan on Wednesday it plans to have a 4th #SEZ Special Economic Zone in #Mon state. 3 other SEZs are #Thilawa in #Yangon, #Kyaukphyu in western #Rakhine & #Dawei, southeast of nation
globalnewlightofmyanmar.com/myanmar-japan-… Image
Except for Thilawa SEZ, backed by the #Japanese, the other 2 have not been very successful dealing with issues like a lack of funding/investments for #Dawei SEZ & damaging environmental/resources concerns for #Kyaukphyu SEZ, in addition to #Rakhine being seen as violence-prone
With this announcement of another #SEZ in #Mon #Mawlamyine, it appears #Myanmar is hoping to once again attract #Japanese investments & somewhat replicate & model the success seen in #Thilawa #Yangon. At least 50 Japanese firms operate in that SEZ. ImageImage
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