INVESTMENT OPPORTUNITY IN TANINTHARYI

Myanmar has one of the fastest growing economies in the world, having experienced continuous growth of approximately 6 – 8% since 2012. This has been supported by the Union Government of Myanmar’s strong commitment to legal and regulatory reform to enhance the ease of doing business and encourage economic progress. Myanmar is the largest country in mainland Southeast Asia and has beyond its domestics market of more than 50 million citizens – direct access of China, India,and ASEAN. As a least develop country (LDC), Myanmar also has preferential tariff arrangements in place – to facilitate the country’s access to major international markets. Myanmar noronly offers natural resources and arable land in abundance -importantly, the country also possesses a skilled, motivated and young population. To encourage diverse investment in critical industries and underdeveloped parts of the country, the Union Government of Myanmar has developed a ‘tax holiday’ system depending on which areas are targeted. Investments in ‘Zone l’ (Less Developed Zone), can benefit from a tax holiday of seven years. Subsequently, ‘Zone 2’ (Moderate Developed Zone) has a tax holiday of five years, while ‘Zone 3’ (Developed Zone) offers a three-year tax holiday.

There are seven township include as a zone (2) and four township include as a zone(1) in Tanintharyi.

Zone(1)

Thayet Chaung Township
Palaw Township
Thanintharyi Township
Khamaukgyi Township

Zone(2)

Dawei Township
Ye Byu Township
Launglon Township
Myeik Township
Kyunsu Township
Bokpyin Township
Kawthaung Township