Pages with references to "Rakhine" from "The Global New Light of Myanmar" 19 February 2020

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