BUSINESS - Muse economic zone to be complete by 2017

A Central Economic Zone planned for Muse, on the Burma-China border, will be complete by 2017, according to a project official. State media reported that project director Ngwe Soe said in a televised announcement on Sunday that the project will be implemented by the Shan State regional government and New Star Light Construction Co. About 18 real estate developments are planned, including housing, hotels and jade trading facilities. The zone will require more than 300 acres of land and will cost 50 billion kyat (US$50m), the report said.