Friday, June 30, 2017

Two industrial zones to be built in Haka and Paletwa

June 29, 2017
Two industrial zones will be built in Haka and Paletwa townships in Chin State in next financial year, according to a statement issued by the Information and Public Relations Department (IPRD) yesterday.

The projects will be implemented by Chin State government in Paletwa Township as part of the larger Kaladan Multimodel Transit Transport Project, a joint river transportation project between India and Myanmar.

The whole project will cost over US$450 million. The Kaladan River project is one of Myanmar’s largest cooperative projects with India. Paletwa Township will supply the national grid. The government will also start industrial training courses in the next fiscal year.

“Small and medium enterprises will start in Paletwa township,” said Salai Isac Khin for Municipal Electricity and Industry Minister of Chin State government. “Haka is one of the townships which are suitable for implementation of the development projects and creation of job opportunities for local people. To support the development of more industrial businesses in Chin State, Chin Federation of Chambers of Commerce and Industry (CFCCI) was formed.

Currently, there are six huge enterprises and over 200 small and medium enterprises in Chin State.

Ref; The Global New Light of Myanmar

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