24 May 2024
Among the 3 special economic zones in our country, Thilawa Special Economic Zone is a success and the investment amount is more than 2 billion US dollars, but neighboring countries, Southeast Asian countries Compared to Asian countries, the amount of investment is still low, and they are not satisfied with the situation they have reached, and they must continue to work in all ways to increase investment. Illegal trade Deputy Chairman of the State Planning and Administration Council Deputy Prime Minister Lt. Gen. Soe Win said while attending the first meeting of the Central Committee on Myanmar Special Economic Zones for the 2024-2025 fiscal year that officials at all levels must be vigilant in order to prevent misappropriation of funds and poor management.
In addition, the SAC deputy chairman said that the raw materials required by the Thilawa Special Economic Zone are imported from abroad and that they are coordinating with the companies regarding this matter.
2024 as Thilawa Special Economic Zone. During March, the customs revenue was more than 361.990 million kyats. Commercial tax revenue is 4.6 billion kyats. Lieutenant General Soe Win said that according to the reports submitted, the amount of advance income tax is 760.680 million kyats, and the amount of exports in March was 13.349 million US dollars, and the amount of imports was 52.278 million dollars. In order to reduce the differences between the export value and the import value, Lieutenant General Soe Win urged the companies in the Promotion Zone to export more goods abroad.
In addition to the above points, companies in the Thilawa Special Economic Zone need to be encouraged to use their own solar power generation and consumption, and if the zones can use solar power, they will be able to distribute electricity to other provinces and regions that need it more than now, SAC vice president said.
