Management at the Hpa-an industrial zone expressed optimism that the park will live up to the expectation as more and more local and international companies are lining up to rent the property at the industrial park.
Currently three private factories including Myanmar-Japan joint ventured garment factory are running in Hpa-an industrial zone.
The industrial zone has been running since November, 2012.
“Most factories are still under
construction. Currently Myanmar-Japan joint ventured garment factory and
the other factories are running. The rest are nearly finished although
they are under construction,” an official from industrial zone
supervising committee said.
The zone is 19th industrial zones in
Myanmar and foreign investors have made investment. Investors from
Thailand and Japan are also interested to make further investment.
Hpa-an industrial zone have many
different kinds of factories including food and beverages, garment
factories, purified drinking water factories, mineral refinery plants
and so on. Zone 1 has been reserved for foreign investors and the
companies from Japan and Thailand are preparing to make investment.
The joint venture factory is running
with over 150 workers and the company is planning to run it with over
350 workers, a spokesperson from the joint venture company said.
source: Eleven Myanmar
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