The Mandalay Industry Development Authority, appointed by the
Mandalay Regional Government, and the Royal Hi-Tech Group Company signed
a contract to build the Mandalay-Myotha Industry Park project on
January 9.
“Since Myanmar’s new government, the RHGC has wanted
to implement this project. The main purpose of the project is for
agriculture export. Following a feasibility study and discussions with
the government, we plan to construct a port along with the industrial
park. We believe the project will reduce poverty by creating new job
opportunities,” said U Ye Myint, Mandalay Region chief minister.
He
continued: “We considered four main points before signing for the
project. One was how it will provide job opportunities to the public;
two was how will this affect the local people; three was how can we
develop the area; and four was how will the environment be impacted.
After discussing these points, we came to the conclusion that the
project should be done. We decided that the project would be built over
the whole township of Nganzun and part of Myingyan township. We
presented our conclusions to the Union Government and finally signed the
contract.”
The Mandalay-Myotha Industrial Park will comprise
2600 acres. It will include a transportation department, a small
industrial enterprise, a middle industrial enterprise, housing projects,
an economic and commercial zone, a science and research department, a
golf course, a park, high-rises and supermarkets.
“This is a dry
region. There’s very little land to cultivate, no big trees, and little
chance of success with farming. So, people who live here are very poor
and leave the area to earn money. The government wanted us to change
this situation and accomplish something,” said U Aung Win Khaing ,
chairman of the RHGC.
“There will be 2500 factories and 150,000
staff will be required for the Mandalay-Myotha Industrial Park. We will
start the project this month,” he added.
U Aung Win Khaing said
the company has hired a panel of experts to help them prepare before the
implementation phase. The experts will help the RHGC draw up a master
plan that adheres to international standards, he said. Two are from
America, and there is one each from Singapore, New Zealand and France.
source: The Myanmar Times
http://www.mmtimes.com/index.php/business/3754-govt-signs-off-on-new-mdy-industrial-park.html
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