Thilawa Special Economic Zone Development Project Phase I

Infrastructure Development Project in Thilawa Area Phase I (II)

Locations

Type

Intermodal

Status

Under Construction

Total Reported Cost

38.9 billion JPY

Initiatives

Start Date

June 30 2013

Start of Construction

Planned Completion Date

Oct. 2017

Contractors

Consultants

Funders

Source(s) Amount
14,750,000,000 JPY
None

Description

Due to the establishment of the Special Economic Zone in Thilawa, this first phase targets improvement of logistics - specifically port development, in order to accommodate the growing development of the Thilawa district. The project is intended to develop necessary infrastructure in the Thilawa area in order to promote foreign direct investment and contribute to job creation and economic development of the Greater Yangon area. The three main aspects of this project relate to the development of the port terminal, electric power facilities, and consulting services.