November 15, 2019
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Myanmar invites open tender for special economic zone in western state


Myanmar invited open tender for launching a special economic zone (SEZ) development plan in Kyaukphyu, western Rakhine state on Sunday, inviting international consultancy to draw up the plan for initiating the project, state radio and TV reported.

The tender will be accepted starting Sept. 25.

The Kyaukphyu SEZ project is said to be started next April, other sources added.

The project is expected to initially cost over 200 million U.S. dollars.

Kyaukphyu SEZ, situated on Yanbyae Island in southwestern Myanmar, sits on over 50 percent of the land in Kyaukphyu Township and serves as the endpoint for a Yunnan-Rakhine railway.

Kyaukphyu occupies an area of 3,704 square-miles and has a population of 580,000.

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