Foreign investment volume in Thilawa SEZ reaches more than US$ 1.86 billion till 2019 September

Foreign investment volume in Thilawa SEZ reaches more than US$ 1.86 billion till 2019 September
The photo shows a factory in Thilawa SEZ. (Photo-Thiha Aung)
The photo shows a factory in Thilawa SEZ. (Photo-Thiha Aung)
Published 16 October 2019
Zeyar Nyein

 

Foreign investment volume from 19 countries in Thilawa Special Economic Zone (SEZ) reached more than US$ 1.86 billion till 2019 September with Japan topping more than 36 %, said the source from the Department of Investment and Company Administration (DICA).

A total of 113 businesses from 19 countries that made foreign investments in Thilaway SEZ were US$ 1.862 billion.

The investment volume of Japan was about US$ 674.488 million, accounting for 36.21 % and its investment businesses were 37. The investment volume of Singapore was US$ 650 million, accounting for more than 34 % and its investment businesses were 27.

The investment volume of Thailand was more than US$ 170 million, accounting for more than 9 % and ROK, more than 96 million and more than 5 %.

The investment volume of Hong Kong in Thilawa SEZ accounted for more than 3 % and Myanmar, nearly 3 %, and the UK, the UAE and Australia, more than 1 %.

The investment of Malaysia, Taiwan, Australia, Panama, China, Brunei, Vietnam, France, Switzerland and the Netherlands remained below one percent.

Translated and Edited by Win Htut