Zone ‘A’ of Thilawa Special Economic Zone (SEZ) opens

The Grand Opening Ceremony of the phase one of Thilawa Special Economic Zone was held Wednesday at the zone which is 20 kilometers from the commercial city Yangon. The opening ceremony was attended by Vice President U NyanTun and the deputy prime minister of Japan Taro Aso and other officials from both countries.

Kubota continues expansion in Thilawa

Japanese agricultural equipment firm Kubota is set to construct a machinery assembly plant in the Thilawa, according to Japanese financial journal Nikkei Asian Review. The move continues the company’s expansion in the Special Economic Zone (SEZ) at Thilawa port, located some 25 kilometres southeast of Rangoon.

China’s demand for aluminium is poisoning Southeast Asia

Soaring Chinese demand for natural resources is wreaking environmental havoc throughout Southeast Asia. Driven by its internal needs to provide breakneck rates of job creation and economic growth, China’s developmental model has repeatedly abused the fickle regulatory environment of its neighbors to drive its thirst for commodities. It has made it clear that, whoever can provide, it will buy. At the behest of Chinese companies, countries such as Vietnam and Malaysia have rolled out the red carpet, with little regard for their fragile ecosystems.

Higher PPP investment limit urged

The Thai government hopes to ease its public debt burden by luring the private sector to invest more in multibillion-baht infrastructure projects, especially in telecommunications and transport, through public-private partnerships (PPPs).