SEZ Law should be ‘driving force’ for Burma’s economy

Following the approval of the Special Economic Zone (SEZ) Law by Burma’s Parliament on 23 Jan, Maung Aung, advisor to the Trade Minister, said the creation of SEZs should be regarded as a “driving force” for economic development in the country. The new advantages for investors should prioritise export-focused enterprises, said economic policy expert Aung Ko Ko. According to the SEZ Law, investors in Burma’s SEZs, such as Kyaukphyu, Dawei or Thilawa, will receive a bouquet of income and tax incentives as per the new law.