Myanmar October 22 , 2016 Contents v Myanmar Profile v Myanmars - - PowerPoint PPT Presentation

Special Economic Zones for Myanmar

Myanmar

October 22 , 2016

v Myanmar Profile v Myanmar’s Economic Development Policy v Rationale and Justification v Types of SEZs v How are SEZs implemented? v Monitor and Evaluate, Performance & impact v Top 3 Success factors v Critical challenges in SEZs. v How many SEZs in Myanmar? v Three Recommendations to improve SEZs.

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Contents

Name

• Republic of the Union of

Myanmar Capital - Nay Pyi Taw Total land area - 76,577 sq.km Bangladesh and India on the north- west, China on the north- east and; Laos and Thailand on the south-east. Climate- Tropical weather with three seasons

• Summer

March to May

• Rainy Season June to October
• Cold Season

Nov to Feb

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Myanmar Profile

— Population -51 Millions — Total land borders - 5876 km — Coastline - 2832 Km — Main Crops - Rice, Pulses and Beans , Sesame, Maize, Rubber,

Fruits and vegetables

— Natural Resources - Natural gas, Oils , Jade, Rubby, Copper,

Lead Teak and Timber, Fishery

— Currency - Kyats (or) Myanmar kyat (MMK)

q Since the launch of its civilian-led government , Myanmar

has set its national development vision as the successful landing of a market economy. To this end, the country has specified the promotion of investment and trade and the expansion of private investment as its economic policy goals.

q The current government of Myanmar aims to achieve

people-centered, inclusive and sustainable development, where economic development serves “national reconciliation,” prioritizing job creation, diversifying its economy away from the natural resource sector, and “balanced development” across states and regions.

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Myanmar’s Economic Development Policy

q The Myanmar government has recognized the important

role export can play to achieve these goals. Export promotion has received significant attention as a tool for economic development, along with FDI attraction, SME promotion, Special Economic Zones (SEZs)

• development. A range of new laws and amendments

have been introduced under the previous government to support these strategies since 2011 and the reform will continue under the current government. It enacted a new revised SEZs Law in 2014.

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Myanmar’s Economic Development Policy

1. Rationale and Justification

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Being the area designed for regional development by the Union Government.

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(Participatory Approach)

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(Bottom -Up Approach)

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(Consultative Approach)

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(Transparent Approach)

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(Accountable Approach)

Ø Comprehensive SEZs Ø Ports (Deep Sea Port) Ø Free Zone (Industrial Zone) Ø Prossing Zone

Include – More than one Variety

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2 . Types Of SEZs

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Law 2011/ 2014 Central Body Implementation Body DSEZs (MC) TSEZs(MC) KP(SEZs) One Stop Service Center

Ø Now, our SEZs’s MC s ( only three) make the monitor and

evaluate their progress.

Ø TSEZ committee monitor and evaluate their investor

companies one by one. MC monitor every week.

Ø They have working groups and they discuss with

companies for their needs. (e.g. water supply, electricity )

Ø MC report monthly to Implementation body and

Implementation body also report to Central body.

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4 - Monitor and Evaluate Performance impact of SEZs

S

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Supporting Major Factories FDI Local Industrial Zones Transportation Unscale Lobor Investors Micro Firms & SME Regulation & Procedures Capacity Building Labor Logistics

SEZs

• BC. EZ

GVC

Ques; 5 Top Three Success Factors

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v

Create Job (Job opportunity)

v

Capacity Building 4 HRD

v

Poverty Reduction

v

Technical Know- how

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Unskilled Labor to Skilled Labor

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FDI

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Regional Development (Social and Economy)

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Special Economic Zone Registered Investment and all it entails such as the licenses, permits are available at one stop service centers

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Tax benefits and incentives in accordance with international standards within Special Economic Zone

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Same benefits for those who invest in the Myanmar Special Economic Zone, whether they are foreign investors or local

• nes and therefore in accordance with international

standards, a level playing field is established.

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— The Developer or the Investors for Land Use Law — Law Enforcement — Infrastructure (Electricity, Water supply, Transport, Road)

Ques; 6 Critical Challenges in SEZs

§Infrastructure Policy

• Electrical power and Water resources are very

Importent for SEZs Location design.

§ Land acquisition ; from bad to good practices.

• Land use law and other relevant Laws are also

Important and we made to enforce ours Law (especially SEZs Law) (eg. Our Land compensation, relocation) (Hamonious Society Building)

§ Environment Impact

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1.

The Chairman of Myanmar’s Special Economic Zone Central Committee is Vice President (H.E. U Henry Van Thio.

2.

Ministry of Commerce is assigned to be the key

• rganization to be responsible for all 3 SEZs in

Myanmar and is in process of appointing Management Committees for each SEZ area (including DSEZMC).

Ø Thilawa SEZ Ø Dawei SEZ Ø Kyauk Phyu SEZ

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SEZs in Myanmar

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GREATER MEKONG SUBREGION (GMS HIGHWAY)

— Economic Cooperation Program in GMS Region includes the Countries

Cambodia, Laos, Myanmar , Thailand, Vietnam and China (Yunnan Province), situated along the Mekong river basin. About 250 Million populations are residing in the region with the Gross Domestic Product of about US$ 190

• Billion. This program started in 1992 by ADB as the leading organization and its

Financial support, with the objective to wipe out poverty in the GMS region.

— R3 Chaing Rai-Kunming Road Improvement Project via Myanmar and Lao

PDR

— R4 Kunming-Lashio Road Improvement Project — R7 Lashio-Loilem-kyaington Road Improvement Project — RS1 Cross-Border Movement of Goods & People in the GMS Sub region

GMS Highways including MYANMAR

— 1 East-West Corridors

(Mawlamying-Darnong)

— 2 Southern Corridors

(Dawei-Quy-Nhon/Vung Tau)

— 3Western Corridors

(Tamu-Mawlamying)

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Main Corridor And Growth Center

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OUR SEZs ARE ACTUALLY START AND NOW OUR STAGE IS A BABY SEZ.

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TH THANK YO YOU FOR YO YOUR ATTE TTENTIO TION!