20180314Myanmar Japan Thilawa Development LtdIndustrial Park Projects by Sumitomo CorporationSC
(As of February 2018)
Industrial parks for which SC act as sales agent
First Philippine Industrial Park (1996)
( )
(2014)
Amata Nakorn Industrial Estate Amata City Industrial Estate
Suryacipta City of Industry
Thang Long Industrial Park II (2006)
Thang Long Industrial Park (1997)
Thang Long Industrial Park III (2017)
East Jakarta Industrial Park (1990)
Industrial parks newly developed by SC
Total number of tenants: 484
Total number of employees: Approx. 190,666
First Industrial Township
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Approx. 25 km from Yangon City (50–60 min. by car)
Yangon
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32.2%32.2% 32.2%
Thilawa SEZ Management
Committee (TSMC) (Myanmar
JICA (Japanese
(Myanmar investment company)
10% 41% 39% 10%
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MJTD Organization Chart
Board of Directors
Number of employees: 100 (5 Japanese employees and 94 Myanmar employees)
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C  Myanmar Japan Thilawa Development Ltd. All Rights Reserved.
Development Status
Master plan: 2,400 ha
Zone A: 405 ha Zone B Phase I : 101 ha Zone B Phase II: 77 ha Total development area: 583 ha
Construction: Penta-Ocean Construction Co., Ltd.
Water purification system (including water pipes): KUBOTA Corporation
Wastewater treatment system: KUBOTA Corporation
Power distribution system: Kinden Corporation
Telecommunication system: KDDI Corporation
[Proactive use of Japanese products] Underground cables (Yazaki Corporation), optic fiber cables (Furukawa Electric), power cables for exterior lighting (Furukawa Electric), overhead wires (Fujikura), insulators (NGK), water pipes (KUBOTA), pumps (Kawamoto Pump Mfg./EBARA), pump motors (Mitsubishi Electric), CCTV (Panasonic), white lines for roads (KICTEC)
Development System (All Japan)
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Development Schedule (Zone A)
Groundbreaking ceremony
Commencement of business operations by tenants
Opening ceremony
October 29, 2013
November 30, 2013
January 10, 2014
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Copyright (c) Myanmar Japan Thilawa Development Ltd. All Rights Reserved.
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
R a in
F a ll
YANGON
TOKYO
BANGKOK
SINGAPORE
JAKARTA
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Condition During the Rainy Season
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12
(8) Thaketa Bridge
(4) Substation
Thanlyin S/S
Thilawa SEZ
Thilawa SEZ Management Committee (Chairman: Set Aung, Deputy Minister of Planning and Finance)
Approval of company
[After the implementation of the project]
Environmental management
Tax filing
Experts dispatched by JICA
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Power receiving procedures
Thilawa SEZ’s Declaration on Elimination of Corruption
On November 12, 2014, the declaration on elimination of corruption was adopted.
Text
<Thilawa SEZ Management Committee> We, Thilawa SEZ Management Committee, declare herein, in accordance with current policy and legal background of the Republic of Union of Myanmar, THAT we will not be involved in any kinds of corruption such as requesting and/or receiving a bribe from Locators and Developer of Thilawa SEZ.
<MJTD> We, Myanmar Japan Thilawa Development Limited, declare herein, in accordance with current policy and legal background of the Republic of Union of Myanmar THAT we will not be involved in any kinds of corruption such as offering and/or paying a bribe to government officer.
Copyright (c) Myanmar Japan Thilawa Development Ltd. All Rights Reserved.
35ha
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Status of sales • Number of contracted tenants: 90 (including
45 Japanese tenants) • Number of tenants currently operating: 45
(under construction: 30) • Total amount of investment: 1.2 billion
dollars • Number of persons in employment: 5,047
Status of Tenants
Number of contracted tenants by country or origin (18 countries and regions/ 90 tenants in total)
Japan: 45, ASEAN: 24 (Thailand: 14, Singapore: 3, Malaysia: 3, Myanmar: 3, Vietnam, Indonesia), East Asia: 13 (Korea: 6, Taiwan: 5, Hong Kong, China), Oceania: 1 (Australia), South Asia: 1 (India), U.S. and Europe: 5 (U.S., Switzerland, Germany, Sweden, Netherlands)
Type of company Number of
tenants
19
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Major Tenants (Domestic Demand-based Companies)
Companies targeting Japanese markets
Construction/infrastructure materials Agriculture related
NS Blue Scope (construction materials) Yanmar (agricultural machinery)
RK (coil center) Marubeni (fertilizer), Sojitz (fertilizer)
JFE Steel (steel plate for construction) Others
Mitsui & Co. (fertilizer) Others
Acecook (instant noodle) Suzuki (automobile)
Ajinomoto (Seasoning) Oji Holdings (paper products)
Yakult (health beverages) Cadila Healthcare (generic drugs / India)
TOYO SEIKAN (drink cans) Fuji Film (medical equipment related)
Indorama (plastic bottle / Thailand) Others
TAIYO NIPPON SANSO (industrial gas) Others
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Major Tenants (Export Companies)
Wacol (ladies underwear) Foster Electric (audio equipment)
SHOWA GLOVE (industrial gloves) Nishimura Musen Denki (transformers)
Atsumi Fashion (ladies underwear) Marketech International (conveyors/Taiwan) Others
CUTE (stuffed toys) Others
Gaston (work wear/Sweden) Others
KOYORAD (radiators) A&N FOODS (food processing / Thailand)
GomunoInaki (resin products) Others
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Trend of Tenants
1. Speed of tenant acquisition Tenant acquisition by Thilawa SEZ is three times faster than that of successful industrial parks in other countries.
2. Business expansion by tenants Eleven out of 45 tenants currently operating have expanded their business.
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Development and Sales Schedule (Zone B)
Event 2017 2018 2019 2020
Commencement of Phase I construction
Completion of Phase I construction
Commencement of Phase I transfer of some land
Commencement of business operations by Phase I tenants
Commencement of Phase II construction
Completion of Phase II construction
Commencement of Phase II transfer of some land
Commencement of business operations by Phase II tenants
February 7, 2017
Mid-2018
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December 13, 2017
Mid-2019
Japanese school
Market Place
There are more than 100 Japanese restaurants in Yangon City
Yangon International Airport
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Comparison of Preferential Tax Treatments Inside and Outside SEZ
Inside Thilawa SEZ Outside Thilawa SEZ (Yangon area)
Law SEZ Law Foreign Investment Law
Approval Thilawa SEZ Management Committee (TSMC) Myanmar Investment Commission (MIC)
Ta x
ex em
pt io
n / r
ed uc
tio n
C om
m er
ci al
ta x
Free Zone (export companies)
Tax exemption No descriptions on tax exemption, etc. (no tax exemption?)
Promotion Zone (other than export companies)
Tax exemption during the corporate tax exemption period (five years)
C or
po ra
te ta
Free Zone (export companies)
Tax exemption for seven years Tax reduction by 50% for five years
Tax exemption for five years (Assumption area: Yangon/Tax exemption may not be applicable depending on industry or conditions)
Promotion Zone (other than export companies)
Tax exemption for five years Tax reduction by 50% for five years
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Achieving Harmony with Local Communities
Support for social companies
Capability development support
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