Japanese logistics companies pile into Myanmar SEZ

The Thilawa special economic zone since its 2015 opening, embarks on an 100-ha expansion with financial support from the Japan International Cooperation Agency that is scheduled for completion in mid-2018. Fujitrans Corp. recently open a 34,980-sqm site. Konoike Transport, Yusen Logistics, and Nippon Express have established in the SEZ since April 2017.

As of the end of July, there were a total of 79 companies, including 39 Japanese companies, from 17 foreign countries and regions. Most of them are manufacturers to take advantage of cheap and abundant labour force to make products for sale in local and neighbouring markets.

Toyo Construction Co. and JFE Engineering Corp. said in January 2016 they will construct an 18-ha container yard with two hac-type berths with drafts of 10 m, lengths of 400 m, and widths of 40 m. In June this year, Mitsui Engineering & Shipbuilding Co. (MES) said to supply eight cranes for the new container terminal scheduled to be completed in the autumn of 2018.

(JOC)