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Thai developer invests $1bn to put Myanmar industry on global map

Amata aims to woo foreign manufacturers with modern industrial zone in Yangon

Amata halted a $1 billion "smart city" project outside Yangon, Myanmar due to the coup. (Source photos by Reuters and Shinya Sawai) 

NAYPYITAW -- Thai industrial estate developer Amata Corp. plans to build an industrial complex with an investment of $1 billion in Yangon, Myanmar's biggest city. The complex will provide important industrial infrastructure in a nation with few global-standard industrial zones suitable for foreign companies.

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