Thilawa Special Economic Zone and Industrial Development in Myanmar: The Cost-Benefit Analysis of SEZ (Paperback) (ISBN-13: 9798590276271)

This book, the Cost-Benefit Analysis of Thilawa SEZ and Industrial Development in Myanmar, supports investors (FDI), policymakers, practitioners, industrial experts and government officials, and as an important instruments for the modern industrial development needing to meet sustainable development goals in the coming years and beyond.This will provides you thought-provoking insights and recommendations to foreign investors to help them choose ideal location for their investment. This book provides recommendations through four perspectives: the costs vs benefits including spillovers effects and their economic contributions; lessons learned from the past; a future directions and the way forward perspective and a pioneering idea in the form of "SEZ program design, SEZ regulatory framework, and enhancing SEZ operations impacts".Asia is becoming the strategic hub to lead the world in setting up Special Economic Zones (SEZs) for many reasons which include attracting foreign direct investment, promoting and to helping economic growth as this has become the most effective engine to upgrade economic development. The numbers of SEZs have been proliferated especially in ASEAN emerging markets and transition economies. Public sectors are in partnership with private sectors as a PPP model (Public private partnership) seeking to incite linkages between the SEZ-based firms in the zone and firms in the local economy. Most significantly, SEZs are powerful tools not only to attract foreign investment, to promote export, to liberalize trade and investment but also to facilitate transfers of knowledge, skills and technology to impact spillover effects to foster the externalities of the domestic economy. Although Myanmar is rich in natural resources, and has long been a hub for trade, the country has a low industrial and manufacturing base. Myanmar is now transforming itself towards speedy economic modernization with newly redefined investment laws which combined Myanmar and foreign investments as well as reformulating and modernizing the century old India Act VII, 1913 (Myanmar Companies Act 1914) law, regulations, procedures for investment and company registration law. Hence, Myanmar is adopting the export-oriented industries growth and labor-intensive industries growth as a remarkable example of Thilawa Special Economic Zone (TSEZ) which is the very first SEZ of Myanmar. Thilawa SEZ is one of the pioneering engine to drive the country's economy and can create favorable investment climate to attract FDI and generate externalities which has the potential to reduce trade costs, trigger productivity improvements, leap-frog start manufacturing activity, advanced technology and develop skilled labor.

Author: J. Shwehein
ISBN-13: 9798590276271
Publisher: Independently Published
Language: English
Published: 01/04/2021
Pages: 226
Format: Paperback
Weight: 1.21lbs
Size: 10.00h x 7.00w x 0.59d