Myanmar Farmland Gets Closer to Vision as Economic Engine; Company Behind Japanese-Backed Investment Zone Prepares to Issue Shares
February 27, 2014 Leave a comment
Myanmar Farmland Gets Closer to Vision as Economic Engine
Company Behind Japanese-Backed Investment Zone Prepares to Issue Shares
SHIBANI MAHTANI
Feb. 23, 2014 8:07 p.m. ET
THILAWA, Myanmar—A field littered with roaring tractors and herds of cows ambling in the distance doesn’t look like the future of Myanmar’s economic reforms.
But as the company behind the Japanese-backed Thilawa Special Economic Zone prepares to issue shares next month—hoping to raise $21.7 million to fund the project—the vision of this rural Yangon suburb as Southeast Asia’s next manufacturing hub is inching closer to realization. Read more of this post