SEZ Development Plans of Myanmar & Opportunities for Korea Investors

Presented by

Thurane Aung (Christopher) Dagon International Ltd

SEZ Authority The Central Body is the main authority of all the Special Economic Zones in Myanmar and is chaired by the President of the Republic of the Union of Myanmar. Under the Central Body, there is the Central Working Body, chaired by a Vice President of the Republic of the Union of Myanmar. Then the Management Committees of each SEZ in Myanmar are established as the investment licensing authorities of their respective SEZs in Myanmar.

Why Develop in Dawei?

Kyauk Phyu SEZ

9

THILAWA SEZ

Presented by Thurane Aung (Christopher), Project Director

1) Outline

Developer

Project Area

Schedule

Contractor

: Myanmar Japan Thilawa Development Ltd. （Established on 10th January 2014） -Japanese Consortium : 39% -Japanese Government (JICA): 10%

-Myanmar Consortium : 41% -Myanmar Government : 10%

: 396ha (Class A. Advanced development area) *Including 35ha of residential / commercial area *Total area = 2,400ha

: November 2014 – Start handing over the land June 2015 – Completion of Phase 1 project

: PENTA-SUNTAC PARTNERSHIP

2) Organization Chart

Japan Consortium

39%

Regional Community

Admin & HR

Myanmar Japan

Joint Venture BOD

SEZ Management

Committee

10%

Myanmar Consortium

41％

Vice President Vice President

Operation Sales & Marketing

Officers Myanmar

Japan

President

Finance

Deputy CFO

Japan : 49% Myanmar : 51%

JICA (scheduled)

10%

29 Oct 2013

PRESIDENT U THEIN SEIN VISIT TO THILAWA SEZ

VICE PRESIDENT U NYAN TUN VISIT TO THILAWA SEZ

3) Location

23km southeast of Yangon city

Nearly 1 hour drive

4) Construction

• Land Grading : Cut 1,400,000m3 / Fill 1,140,000m3 • Internal Road (Total length 7,464m) • Drainage (Total length 12,318m)

*Retention pond will be set up • Water Supply System (Total length 1,430m)

*Water purification plant (6,000m3/day) *Will be expanded in the future

• Sewerage Treatment System (4,800m3/day) *Will be expanded in the future

• Power Supply System (Total length 7,777m) : 33kV distribution line

• Telecommunication : Optical Fiber Cable

5) Others

• Solid Waste Treatment Facility Operated by Japanese Company

• One Stop Service Center (OSSC) The locators can complete almost all the governmental procedures at One Stop Service Center

• Vocational Training Center Vocational Training Center operated by Japanese Company

• Surrounding Infrastructure 50MW Power Plant will be constructed soon by Myanmar Government

6) Phasing for Zone A

20

Phase 2

Phase 1

R&C

Expansion of Road

Substation

Distribution Line (33kV)

Gas Pipeline Water Supply Pipe

New Container Port

Current Substation

Power Plant (50MW)

Transmission Line (230kV)

Current Thilawa Railway

Current Thilawa Int’l Port

7) Infrastructure (To be improved by JICA yen loan)

Current Zar Mani Dam

8) Layout of Zone A

Administrative Building

Water Purification Plant

Sewerage Treatment Plant

Retention Pond

Water purification plant

6,000t/day(Beginning)

Sewerage treatment plant

3,600t/day(Beginning)

Phase 1

Phase 2

Phase 3 Residential / Commercial

9) Schedule

*The above schedule is changeable depending on the situation

Subject Oct

2013 Nov 2013

Dec 2013

Jan 2014

Early 2014

Latter 2014

Middle 2015

Joint venture agreement

Ground-breaking ceremony

Establishment of JV company

Start construction

Completion of phase 1 project

Start selling

Start handing over the land

★ 29th Oct

★ 30th Nov

★

★

★

★

★

10) Sales Progress

Signed Reservation Agreement41 Japan 21 Myanmar 5 Taiwan 4 Thailand 3 Singapore 2 China 1 Sweden 1 USA 1 Australia 1 Hong Kong 1 Malaysia 1

Signed Sublease Agreement 25 • 12 Japanese Investors

manufacturing such as Glove, Garment, Stuffed Toy, Radiator, Audio Equipment and Waste Treatment

• 1 China Garment Manufacturing • 1 USA, Aluminum Can

Manufacturing • 3 Thailand, Steel Products • 1 Singapore, PET preform • 1 Sweden, Garment • 4 Taiwan, Steel Structure • 1 Myanmar, Plastic Household

product • 1 Myanmar, for R&C property

development • 1 Hong Kong, Garment

Manufacturing

as of 13th Mar 2014

as of 13th Mar 2014

as of 13th Mar 2014

as of 13th Mar 2014

as of 13th Mar 2014

as of 13th Mar 2014

as of 13th Mar 2014

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as of 13th Mar 2014

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as of 13th Mar 2014

as of 13th Mar 2014

as of 13th Mar 2014

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as of 13th Mar 2014

38 40B THILAWA SEZ RESIDENTIAL AND COMMERCIAL AREA August 2014

46L THILAWA SEZ RESIDENTIAL AND COMMERCIAL AREA August 2014

46E THILAWA SEZ RESIDENTIAL AND COMMERCIAL AREA August 2014

46F THILAWA SEZ RESIDENTIAL AND COMMERCIAL AREA August 2014