YANGON-As there are 12 Townships situated in municipal outskirts in Yangon Region, plans are underway to establish industrial zones in 11 Township except Coco Island, says Yangon Region Chief Minister Phyo Min Thein.
He also said that they were striving to build Industrial Park in Helgu Township joining hand with the Singapore.
"For development of industrial sector, there are about 30 industrial zones including Thilawa Special Economic Zone in Yangon. So, we strived not only to upgrade those industrial zones but also to implement the newly industrial zones. At present, we sign an agreement for implementation of Yangon Amata Smart and Eco City in eastern Dagon Myothit under the Thailand’s investment. We are going to held stake driving ceremony. Moreover, we had designated for establishment of Korea-Myanmar Industrial Complex in Nyaungnapin. The construction tasks will be started near soon. In doing so, Eco Green City project is located between Milepost-3/0 and 5/4 on Yangon-Mandalay Highway in Tharyargone Sakhangyi village in Hlegu Township. We are now upgrading our city aiming to become beautiful and sanitary city. There are 12 Townships in Yangon’s outskirts. And Coco Island is separately situated. However, we are striving to supply 24-hour electricity to Coco Island and to visit there. Likewise, plans are underway to establish industrial zones in 11 Townships situated in municipal outskirts. We are cooperating with the Singapore aiming to build Industrial Park in Helgu Township. Similarly, the Yangon Region Parliament approved to implement the industrial zone in Htantapin Township. So, we prepared to launch future construction tasks after inviting the investments from home and abroad,” said Chief Minister Phyo Min Thein.
“The regional investment committee allowed us to do the projects which worth under US$ 5 million. So, we quickly implemented the projects. We carried out upgrading tasks in the relevant sectors liked garment industry which can create more job opportunities for many workers,” said Phyo Min Thein.
He also said that they prepared for implementation of Yangon Investment Forum-2020
