A total of 135 Korean firms will invest in the Korea-Myanmar Industrial Complex (KMIC) located in Hlegu township of Yangon Region, said U Thaung Tun, Minister for Investment and Foreign Economic Relations. The companies will invest a total of US$48.5 million to construct quality infrastructure at the industrial zone to promote production. “The KMIC project…
Korea Myanmar Industrial Complex Groundbreaking Ceremony held 1 file(s) 4.42 MB Download
KMIC, traveling into the future in the same boat with Myanmar 1 file(s) 3.41 MB Download
The first phase of construction of the Korea-Myanmar Industrial Complex (KMIC) in Hlegu township, Yangon, will commence on December 24. “We are trying to carry out the KMIC project development in a timely manner so that international investors will be able to come and set up facilities at this industrial zone. We believe prospects for…
Applications for land plots at the Korea-Myanmar Industrial Complex (KMIC) in Yangon will commence on January 20, 2021. The industrial zone is located in Hlegu Township in Yangon Region and has a total area of over 500 acres. KMIC is a joint project between the Myanmar government and state-owned Korea Land and Housing Corporation (LH),…
The Korea-Myanmar Industrial Complex (KMIC) is a world-class industrial development located just north of Yangon. It will be home to 135 international companies in an area of 556 acres. KMIC features the highest quality infrastructure, facilities and land usage. KMIC will offer first-rate infrastructure including stable power through its own substation, water treatment and wastewater…
Myanmar and South Korea are optimistic of closer cooperation in the next five years under the second term of the ruling National League for Democracy. Kim Gunn, South Korean deputy minister for Foreign Affairs, said the South Korea-Myanmar bilateral relations, as well as investment and economic cooperation will be promoted within two years based on…
Myanmar and South Korea pledged to cement their economic cooperation, trade, investment and energy sector to help overcome the economic fallout from the pandemic in Myanmar 6 Oct 2020, thaibizmyanmar.com Myanmar and South Korea have agreed to cement their economic cooperation, particularly in the trade, investment and energy sectors, to help Myanmar overcome the…
Myanmar, S. Korea Pledge to Step Up Cooperation on Trade, Investment, Energy By NAN LWIN 17 September 2020 YANGON—Myanmar and South Korea have agreed to cement their economic cooperation, particularly in the trade, investment and energy sectors, to help Myanmar overcome the economic fallout from the coronavirus pandemic. Speaking via videoconference during Wednesday’s first meeting of the…
