Friday 10 May 2013

JDI draws Kyaukphyu SEZ Implementation Project

Japan Development Institute is drafting an implementation plan for Kyaukphyu Special Economic Zone in Rakhine State, a source from Myanmar Port Authority said.


The master plan has been drawn by JDI and the details of the drawing will be finalized and come out in the end of this month so the project implementation could begin sooner, the source told the Eleven Media.

He added that chairman of the special economic zone will submit the finalized plan to the Presidential office for further instructions.

The first phase of the plan will start next year and accomplish in 2016. It includes the Kyaukphyu Deep Seaport Project and a railway that will connect the special economic zone and Yunnan Province of China, according to the Directorate of Investment and Company Administration.

According to the "Focus, Plan and Priority for Rakhine State's statement" issued last year, the government is planning to develop the state's economy annually within five fiscal years. Agriculture, Industry and Service sectors will be mainly focused during the targeted years.

source: Eleven Myanmar

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...