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Business

Thilawa kicks off region's manufacturing transformation

Japanese and Myanmar officials cut tape during the opening ceremony of the Thilawa industrial park near Yangon on Sept. 23.

YANGON -- The first modern industrial park in Myanmar has begun partial operations.

     Forty seven companies from Japan, the U.S., China and 10 other countries have decided to operate in the Thilawa industrial park on the outskirts of Yangon. Koyo Radiator, based in Nagoya in the central Japan prefecture of Aichi, on Wednesday started running its plant. Nearby, workers were constructing factories for more than 10 other companies.

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