Brief Information Kit for Investment in Dawei

Dawei: capital city of Tanintharyi region, southern city of Myanmar located around  614.3kilometresto the south of Yangon, with a population of 146,964 people         (Population Census, 29 March 2014).

Reasons for investing in Dawei:

·     July 2015: Japan signed a trilateral cooperation agreement to develop the DSEZ with Myanmar and Thailand.

·     August 2015: the Myanmar government signed a concession agreement with a consortium of private developers, including Italian-Thai Development (ITD) Public Company, the Japanese–Thai joint venture Rojana Industrial Park Public Company, and LNG Plus International Company from Thailand, for the DSEZ.

·     Theagreement marked a significant milestone in Myanmar’s economic development, as the DSEZ is expected to create hundreds of thousands of jobs in the long term and contribute up to 5% of Myanmar’s Gross Domestic Product (GDP) by 2045.

·     The initial phase will involve the construction of a small port, power plants, a two-lane road to Thailand, an LNG (liquid natural gas) terminal, an initial township, a telecom landline and an industrial estate focusing on labor-intensive industries. The long term master plan is more ambitious, targeting industries, including automotive, steel, electronics and electric goods, rubber, metals, chemicals, refinery, fertilisers, plastics and pharmaceuticals. A deep sea port will also eventually be built, as well as a highway to Thailand.

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