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Business trends

Myanmar industrial parks offer precious infrastructure to investors

South Korean, Thai and Singaporean developers build business zones around Yangon

The 225-hectare Korea-Myanmar Industrial Complex north of Yangon will cost around $110 million. (Concept drawing courtesy of KMIC Development) 

YANGON -- South Korean state-linked Korea Land and Housing broke ground on an industrial park near Yangon on Thursday, becoming the latest foreign company to develop such a project in the country, a move that the Myanmar government hopes will help to draw in overseas manufacturers. Also in the pipeline are similar projects by Thailand's Amata and Singapore's Sembcorp Industries.

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