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16th January 2017, 06:04 PM
MIDC Myanmar

Hi I would like to have the brief about the Myanmar Industrial Development Corporation as well as the progress and initiative the government have taken in the development of Industrial zones in Myanmar?
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17th January 2017, 09:03 AM
Super Moderator
Join Date: Aug 2012
Re: MIDC Myanmar

In Myanmar, the mechanical area incorporates mining, vitality, producing and handling, electric power and development. As indicated by authority insights, the share of the mechanical area in GDP was 15% all things considered in the 1990s. The share of industry in Gross domestic product expanded to 19% in 2010-11.

The past military government, with a dream to end up distinctly a cutting edge created industrialized country, had set down four financial goals and set long term mechanical advancement objectives, state and private part targets, direction and measures to be taken for mechanical advancement for private and helpful divisions. As there was no technique or solid activity anticipate industrialization, the industrialization was definitely not emerged.

Under the past government, the Myanmar Industrial Development Committee set up 18 modern zones in nine states and districts. At the point when the new government took office in April 2011 it endeavored, bringing about cash appreciation, end of fare duty, diminishment of business expense, crude material imports, exchange assistance, deregulation in fare and import procedures and insurance of neighborhood enterprises.

Remembering that more modern zones will bolster mechanical improvement furthermore, bunching, the Industrial Development Committee is executing new modern zones in potential and vital areas around the country while it is building up the existing modern zones. A few zones are entrenched, very much assembled, and make items that are monetarily invaluable, however bunching is yet to be accomplished as the zones don't bolster each other.


M.I.D.C Ltd.
635 Yoma Yeiktha Pyay Rd.
Kamayut Tsp
Phone: (01)-511773

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