Construction on a joint venture industrial complex between Japanese and Myanmar companies has gotten under way in Yangon with an official ribbon-cutting and groundbreaking ceremony.
Upon completion in 2015, the industrial complex in the Thilawa Special Economic Zone, about 20 km south of central Yangon, is expected to draw businesses involved in apparel, car manufacturing and other services.
The consortium, joined by three major Japanese trading firms, the government of Myanmar and nine local companies, plans to prepare roads, sewage treatment equipment and other infrastructure at the 400-hectare site inside the 2,400-hectare zone.