PROJECT TYPE / REGION
BRIEF DESCRIPTION
Ayeyarwaddy Development Co., Ltd was founded in June 2012. Measurements of topography and Pathein River were conducted to develop Pathein City Industries Zone and Pathein Port and to transform the area into residential area. On September 2012, the regional government proposed the plan to establish Pathein Port and Industrial Zone projects to MIC and got the approval in November, 2012.
Projects
Pathein City Industrial Zone Project – Land area 6700 acres
- Industrial zone will be implemented on a land area of 1200 acres.
Opportunities for the Investors
- Near to Pathein City so there is a potential to be an economic hub – port can be built.
- A lot of resources needed for regional factories are available.
- Electricity can be produced and used easily
- Offshore supply bases and deep sea ports can arise near the project area and related benefits can be received.
- Investments from local and abroad can be invited and the industrial zone can create jobs and economic opportunities can arise.
- Investment in special economic zones can enjoy incentives and benefits
LOCATION
The proposed project location is a place with an area of 6,7001 acres that is four miles away to the south of Pathein and between Pathein – Ngapudaw Road and the Ngawan River in Pathein Township and Kangyidaunt township.
Project Timeline
Phase |
Zone |
Area (Acre) |
Purpose |
Phase I |
Zone A |
1,200 |
Industrial Estate |
Phase II |
Zone B |
1,500 |
Residential & Commercial |
Phase III |
Zone C |
4,000 |
Industrial Estate, Residential & Commercial |
Total |
6,700 |
ESTIMATED VALUE
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