MYANMAR THILAWA SEZ HOLDINGS PUBLIC CO.,LTD

Myanmar Thilawa SEZ Holdings Public Company Limited

MYANMAR THILAWA SEZ HOLDINGS PUBLIC CO.,LTD

41%

Industrial Park

  • > Industrial Land Lease
  • > Industrial Park Maintenance
  • > Ready-built Factories and office spaces
  • > Water Purification and Sewage Treatment 

  • > Electricity and Utility Services
80%

Residential and Commercial Area

  • > Residential & Commercial Land
  • > Thilawa Garden City
  • > Workers Accommodation
  • > Shophouses
  • > Shopping Malls

MTSH is a public company that invests in and holds shares in other companies involved in real estate development in Myanmar. It was formed by a consortium of (9) main shareholders, primarily to engage in the Thilawa Special Economic Zone (Thilawa SEZ) Project.

The project focuses mainly on developing an industrial park, with cooperation between the Myanmar and Japanese governments, and also includes logistics zones, as well as residential and commercial  developments.

MTSH’s key business activities include:

1 . Investment in Myanmar Japan Thilawa Development Ltd. (MJTD):
This joint venture is responsible for the development, construction, marketing, leasing, sale, and operation of the Zone A Project. In addition to its role as a shareholder, MTSH has a Management Agreement and a Marketing Agreement with MJTD to identify and secure potential tenants for the Thilawa SEZ Zone A Project.
The SEZ symbolizes the strong ties between the governments of Myanmar and Japan, as well as the collaboration between their private sectors:

  • The Myanmar Government is represented by TSMC, which holds a 10% stake in MJTD.
  • The Japanese Government is represented by JICA, also owning 10% of MJTD.
  • MTSH, representing the Myanmar private sector, owns 41% of MJTD.
  • MMSTD represents the Japanese private sector with a 39% stake in MJTD.

2 . Investment in Thilawa Property Development Ltd. (TPD): This entity focuses on the development, construction, marketing, sale, and operation of the residential and commercial components of the Zone A Project.

3. Engagement in Thilawa SEZ : MTSH engage in the development of the Thilawa SEZ (other than the Zone A Area) or any part thereof as may be determined by our Directors in their discretion. MTSH aims to create and maintain long-term value by investing in various real estate development projects within the Thilawa SEZ and elsewhere in Myanmar, in accordance with its Memorandum and Articles of Association and applicable laws. While the company anticipates that the majority of its earnings over the next few years will still come from MJTD and TPD, it understands the importance of expanding its operations to diversify its income sources and ensure stable, recurring revenue.

Myanmar Japan Thilawa Development Limited

MJTD was established on January 10, 2014, to operate and develop the Thilawa Special Economic Zone (SEZ). As Myanmar’s first SEZ, it represents a significant project that has strong backing from both the Myanmar and Japanese governments. The Thilawa SEZ is designed for large-scale, advanced manufacturing, benefiting from substantial government support and tax advantages. Zone A was completed in August 2015, with its opening ceremony held in September of the same year. The success in attracting investors has prompted further expansion, leading MJTD to begin construction in Zone B in February 2017, with plans for additional growth. For more , information, visit https://mjtd.com.mm/

Myanmar Japan Thilawa Development Limited

Thilawa SEZ, the first Special Economic Zone in Myanmar, is a joint venture between Myanmar and Japan. MJTD, the sole developer, is implementing this 2,400-hectare project in phases. The development includes not only industrial areas but also residential, commercial, rental factory, and rental office zones.

Zone A
Industrial Area
Lease Period
2014 to 2064 year
Size
370 ha
Start of Construction
December, 2013
Start of Operation
September, 2015
Residential and Commercial Area
Size
35 ha
Under Operation
Zone B
Industrial Area
Lease Period
2017 to 2067 year
Phase 1
Size
101 ha
Start of Construction
February, 2017
Start of Operation
July, 2018
Phase 2
Size
77 ha
Start of Construction
December, 2017
Start of Operation
August, 2019
Phase 3
Size
46 ha
Start of Construction
February, 2019
Start of Operation
Jan, 2021
Rental Factory
Block A
Unit
A1, A2, A3, A4, A5, A6
Floor area
1,500 sqm (30m x 50m) per unit
Under Operation
Block B
Unit
B1, B2, B3, B4, B5, B6
Floor area
1,500 sqm (30m x 50m) per unit
Under Operation
Block C
Unit
C1, C2, C3
Floor area
1,500 sqm (30m x 50m) per unit
Under Operation
Block C
Unit
C4, C5, C6, C7
Floor area
875 sqm (35m x 25m) - 1,500 sqm (30m x 50m) per unit
Under Construction
Block D
Unit
D1, D2, D3
Floor area
1,428 sqm (34m x 42m) per unit
Under Operation
Block D
Unit
D4, D5, D6, D7, D8, D9, D10, D11
Floor area
852.28 sqm -1,394.95sqm per unit
Future Plan
Rental Offices
1st floor
Room
101 to 107
Floor Area
25sq.m t0 85 sq.m per unit
2nd floor
Room
201 to 204
Floor area
50 sq.m to 85.sq.m per unit

MTSH has established Thilawa Property Development Limited (TPD) in March 2015 to develop, construct, market, lease and operate 35 hectors of Residential and Commercial Area in Thilawa SEZ. It is situated between the main access corridor to Thilawa SEZ and Thilawa Reservoir making it a prime location for Urban Development such as Condominium, Serviced Apartment, Office Space, Shopping Mall, Supermarket, Hyper-mart, Shophouse, Hotel, School, Bank, Hospital. TPD has obtained investment permit in July 2015.
Residential and Commercial Area of Thilawa SEZ is about 19 km from Yangon’s Central Business District (CBD) through Thanlyin Bridge, and 36 km through Dagon Bridge.