"Three Japanese industrial and economic groups have reached an agreement with the Myanmar government to jointly establish a special economic zone (SEZ), Thilawa, in Yangon?s Thilawa Port, local media Voice reported Sunday. Under the agreement, Japan?s Mitsuibishi Corporation, Marubeni Corporation and Sumitomo Corporation will obtain 49 percent of stake to run the 2,400-hectare Thilawa SEZ, while Myanmar entrepreneurs in the form of public company, will take 56 percent, Myanmar?s Federation of Chambers of Commerce and Industry was quoted as saying. The Japanese side will provide financial assistance to the SEZ? s infrastructural development such as factories and workshops and one natural-gas-fired power plant, the report said. In addition to foreign investors, Myanmar government has also invited domestic entrepreneurs to make investment in the project through share. However, the permitted amount of the investment and the duration of the project and other details have not been revealed, the report added..."