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Myanmar October 22 , 2016 Contents v Myanmar Profile v Myanmars - PowerPoint PPT Presentation

Special Economic Zones for Myanmar Myanmar October 22 , 2016 Contents v Myanmar Profile v Myanmars Economic Development Policy v Rationale and Justification v Types of SEZs v How are SEZs implemented? v Monitor and Evaluate, Performance &


  1. Special Economic Zones for Myanmar Myanmar October 22 , 2016

  2. Contents v Myanmar Profile v Myanmar’s Economic Development Policy v Rationale and Justification v Types of SEZs v How are SEZs implemented? v Monitor and Evaluate, Performance & impact v Top 3 Success factors v Critical challenges in SEZs. v How many SEZs in Myanmar? v Three Recommendations to improve SEZs. 2

  3. Name - Republic of the Union of Myanmar Capital - Nay Pyi Taw Total land area - 76,577 sq.km Bangladesh and India on the north- west, China on the north- east and; Laos and Thailand on the south-east. Climate- Tropical weather with three seasons -Summer March to May -Rainy Season June to October -Cold Season Nov to Feb 3

  4. Myanmar Profile — Population -51 Millions — Total land borders - 5876 km — Coastline - 2832 Km — Main Crops - Rice, Pulses and Beans , Sesame, Maize, Rubber, Fruits and vegetables — Natural Resources - Natural gas, Oils , Jade, Rubby, Copper, Lead Teak and Timber, Fishery — Currency - Kyats (or) Myanmar kyat (MMK) 4

  5. Myanmar’s Economic Development Policy q Since the launch of its civilian-led government , Myanmar has set its national development vision as the successful landing of a market economy. To this end, the country has specified the promotion of investment and trade and the expansion of private investment as its economic policy goals. q The current government of Myanmar aims to achieve people-centered, inclusive and sustainable development, where economic development serves “national reconciliation,” prioritizing job creation, diversifying its economy away from the natural resource sector, and “balanced development” across states and regions. 5

  6. Myanmar’s Economic Development Policy q The Myanmar government has recognized the important role export can play to achieve these goals. Export promotion has received significant attention as a tool for economic development, along with FDI attraction, SME promotion, Special Economic Zones (SEZs) development. A range of new laws and amendments have been introduced under the previous government to support these strategies since 2011 and the reform will continue under the current government. It enacted a new revised SEZs Law in 2014. 6

  7. 1. Rationale and Justification Being the area designed for regional development by the § Union Government. § (Participatory Approach) § (Bottom -Up Approach) § (Consultative Approach) § (Transparent Approach) § (Accountable Approach) 7

  8. 2 . Types Of SEZs Ø Comprehensive SEZs Ø Ports (Deep Sea Port) Ø Free Zone (Industrial Zone) Ø Prossing Zone Include – More than one Variety 8

  9. Law 2011/ 2014 Central Body Implementation Body KP(SEZs) DSEZs (MC) TSEZs(MC) One Stop Service Center 9

  10. 4 - Monitor and Evaluate Performance impact of SEZs Ø Now, our SEZs’s MC s ( only three) make the monitor and evaluate their progress. Ø TSEZ committee monitor and evaluate their investor companies one by one. MC monitor every week. Ø They have working groups and they discuss with companies for their needs. (e.g. water supply, electricity ) Ø MC report monthly to Implementation body and Implementation body also report to Central body. 10

  11. GVC BC. EZ S Capacity Micro Firms & Regulation & Building Unscale Lobor SME Procedures SEZs Supporting Transportation Labor Logistics Local Industrial Investors FDI Major Factories Zones 11

  12. Ques; 5 Top Three Success Factors Create Job (Job opportunity) v Capacity Building 4 HRD v Poverty Reduction v Technical Know- how v Unskilled Labor to Skilled Labor v FDI v Regional Development (Social and Economy) v Special Economic Zone Registered Investment and all it v entails such as the licenses, permits are available at one stop service centers Tax benefits and incentives in accordance with international v standards within Special Economic Zone Same benefits for those who invest in the Myanmar Special v Economic Zone, whether they are foreign investors or local ones and therefore in accordance with international standards, a level playing field is established. 12

  13. Ques; 6 Critical Challenges in SEZs — The Developer or the Investors for Land Use Law — Law Enforcement — Infrastructure (Electricity, Water supply, Transport, Road) 13

  14. § Infrastructure Policy - Electrical power and Water resources are very Importent for SEZs Location design. § Land acquisition ; from bad to good practices. - Land use law and other relevant Laws are also Important and we made to enforce ours Law (especially SEZs Law) (eg. Our Land compensation, relocation) (Hamonious Society Building) § Environment Impact 14

  15. SEZs in Myanmar The Chairman of Myanmar’s Special Economic Zone 1. Central Committee is Vice President (H.E. U Henry Van Thio. Ministry of Commerce is assigned to be the key 2. organization to be responsible for all 3 SEZs in Myanmar and is in process of appointing Management Committees for each SEZ area (including DSEZMC). Ø Thilawa SEZ Ø Dawei SEZ Ø Kyauk Phyu SEZ 15

  16. GREATER MEKONG SUBREGION (GMS HIGHWAY) — Economic Cooperation Program in GMS Region includes the Countries Cambodia, Laos, Myanmar , Thailand, Vietnam and China (Yunnan Province), situated along the Mekong river basin. About 250 Million populations are residing in the region with the Gross Domestic Product of about US$ 190 Billion. This program started in 1992 by ADB as the leading organization and its Financial support, with the objective to wipe out poverty in the GMS region. — R3 Chaing Rai-Kunming Road Improvement Project via Myanmar and Lao PDR — R4 Kunming-Lashio Road Improvement Project — R7 Lashio-Loilem-kyaington Road Improvement Project — RS1 Cross-Border Movement of Goods & People in the GMS Sub region GMS Highways including MYANMAR — 1 East-West Corridors (Mawlamying-Darnong) — 2 Southern Corridors (Dawei-Quy-Nhon/Vung Tau) — 3Western Corridors (Tamu-Mawlamying) 16

  17. Main Corridor And Growth Center 17

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  20. OUR SEZs ARE ACTUALLY START AND NOW OUR STAGE IS A BABY SEZ. 20

  21. TH THANK YO YOU FOR YO YOUR ATTE TTENTIO TION! 21

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