Myeik Public Corporation has
announced plans for seven construction projects, including an economic
zone, near the border with Thailand in the southern region of
Taninthayi, MPC director Myo Aung told Eleven Media.
The 350-hectare Maunttaung Region
Economic Zone in Taninthayi Division’s Myeik District will be the most
ambitious of the projects, which combined will cost 50 billion kyats
(about US$58 million) to build, Myo Aung said.
MPC plans to invest K10 billion this year and has already raised K7 billion by selling shares at K100,000 apiece, he said.
“We have already started construction on
a housing project and a motorway,” the corporation’s director said,
adding that it was also ready to sell shares to the public.
Along with the economic zone, which is
being marketed as a springboard for border trade, MPC plans to tap the
tourist market with an island resort, hotel zone, marine park, up-market
housing and an eco-resort in the district.
Myo Aung said the economic zone had
already attracted investors from both sides of the border and that the
region was already seeing a rise in tourism.
source: Eleven Myanmar
No comments:
Post a Comment