YANGON, Dec. 4 (Xinhua) -- Myanmar is demarcating an area of 1,737 hectares in Kyaukphyu, western Rakhine state to establish a special economic zone (SEZ) in the region, an official report said Friday.
Seeking approval of the parliament, the initial phase of the Kyaukphyu SEZ development project will have three components, a deep-sea port, an industrial park and an integrated residential area.
The industrial park project will be implemented in a plot area of 8.5 km south of Kyaukphyu where there are five village-tracts, while the deep-sea port project-1 lies at a location north of Made Island and the deep-sea port project-2 is located north of Yanpye. The residential building project stands 12 km south of Kyaukphyu involving two village-tracts.
The master plan covers three townships, of which Kyaukphyu will be mainly set as zone for developing industry, while Yanpye township be agro-based development zone and Manaung township be eco-tourism development zone. (Courtesy of GlobalPost)
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