KMIC Scoping Report
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Applications for land plots at the Korea-Myanmar Industrial Complex (KMIC) in Yangon will commence on January 20, 2021. The industrial zone is located in Hlegu Township in Yangon Region and has a total area of over 500 acres. KMIC is a joint project between the Myanmar government and state-owned Korea Land and Housing Corporation (LH),…
The Korea-Myanmar Industrial Complex (KMIC) is a world-class industrial development located just north of Yangon. It will be home to 135 international companies in an area of 556 acres. KMIC features the highest quality infrastructure, facilities and land usage. KMIC will offer first-rate infrastructure including stable power through its own substation, water treatment and wastewater…
Myanmar and South Korea are optimistic of closer cooperation in the next five years under the second term of the ruling National League for Democracy. Kim Gunn, South Korean deputy minister for Foreign Affairs, said the South Korea-Myanmar bilateral relations, as well as investment and economic cooperation will be promoted within two years based on…