The Thilawa Special Economic Zone must minimize the deficit in exports and imports as much as possible, Vice Chairman of the State Administration Council Deputy Prime Minister Vice-Senior General Soe Win said at the second meeting of the Central Committee on Myanmar Special Economic Zones for the 2024-2025 fiscal year held at the Ministry of Commerce in Nay Pyi Taw on March 11 afternoon.
In terms of exports and imports of the Thilawa Special Economic Zone, the total trade volume from April to January of the 2024-2025 fiscal year was US$722.75 million: US$163.466 million from exports and US$559.284 million from imports.That was still very low compared to the special economic zones of neighboring countries, Vice-Senior General Soe Win said.
In addition, the chairman and officials of the management committee of the Thilawa Special Economic Zone have to work for further development of their own special economic zone through constantly reviewing the status of the zone and special economic zones in neighboring countries, the Vice-Senior General said.
