2) Project Necessities
a) Construction of industrial zone on the border with Thailand
Understanding the movement of political decision-making on the Thai side, the Kayin state, sharing border with Thailand, has decided to construct the industrial zone in the border town, Myawaddy, in order to create local employment and comply with the demand of its neighbor Thailand.
b) Adopting the international standard to receive Japanese investment
Kayin State‘s original development plan for an industrial zone is not sufficiently attractive to attractive Foreign Direct Investment due to its deficient
infrastructure facilities - i.e. power supply, water supply, and drainage management system. and solid waste disposal system This project aims to establish the industrial zone to international standards for both in Myawaddy and พะอัน. For the development of Myawaddy industrial zone, developers also seek to participate in the operation of the industrial zone
c) Solution through a PPP scheme for finance
The business operation of an industrial zone requires consideration of selling the plot of land to private companies It enables the development of an economically efficient industrial zone by establishing Spccial purpose Companies (SPC), which will
work particularly well in the financial aspect under a PPP scheme