Description:
"SITUATED on the western
coast of Myanmar,
Rakhine State with its
population of around 3.2
million is crucial for Myanmar’s
economy and has plenty of potential
for fast economic growth.
Rakhine State can easily be accessible
by land, waterways and
air routes. Rakhine State serves
as a gateway to the Indian Ocean
because it is strategically and
geographically located between
China and India, the fastest
growing economies in Asia and
Myanmar’s neighbouring countries.
Rakhine State has several
investment opportunities for local
and foreign investors in various
sectors.
Special economic zone projects
to be established in Rakhine
State are expected to become a
major resource that can boost
economic growth, create job opportunities
and bring new hopes
for local people. It will also encourage
an investment chain
for small and medium-sized enterprises
in Rakhine State. Real
estate, infrastructure, education,
healthcare services, electricity
generation and distribution, garment
and textile industry, fishery,
forestry, livestock breeding and
agriculture sectors are among
the promising businesses for investors
at home and abroad who
want to inject their money into
development projects in Rakhine
State. Entrepreneurs and developers
have been invited to invest
in construction of roads, airports,
industrial zones, new towns, and
beach resort projects as well hotels
and tourism industry in Rakhine
State. Rakhine State has
many investment opportunities
and is an area rich in natural resources
such as oil and gas reserves
and many others as well..."
Source/publisher:
Myanmar Ministry of Information via "The Global New Light of Myanmar"
Date of Publication:
2020-02-19
Date of entry:
2020-02-20
Grouping:
- Individual Documents
Category:
Countries:
Myanmar
Administrative areas of Burma/Myanmar:
Rakhine State
Language:
English
Local URL:
Format:
pdf
Size:
424.25 KB
Resource Type:
text
Text quality:
- Good