Burma’s government is seeking parliamentary approval to begin the first phase of the Kyaukphyu special economic zone (SEZ) in Arakan State, lawmakers said on Friday.
Myint Thein, deputy minister for Rail Transportation and head of the Kyaukphyu SEZ management committee, outlined the long-mooted project, billed as the country’s western economic gateway, to Lower House lawmakers on Thursday.
MPs were told to register by Monday for debate on the project in Parliament next week, with the government seeking the legislature’s approval to use the land earmarked for the zone.
The Kyaukphyu SEZ would “be set up on 4,289 acres of land,” Myint Thein informed lawmakers, according to the state-run Global New Light of Myanmar. The project is slated to include an industrial zone, a housing estate and two deep sea ports, on Ramree and Maday islands respectively, according to the deputy minister.
Tender bids for development of the zone closed last November, with a total of 12 proposals submitted by one local and 11 international firms. However, the opaque tender and evaluation process has been beset by delays, with no successful bidder yet announced, despite official assurances that the process was nearing completion. (Courtesy of Irrawaddy)
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