India plans SEZ in Myanmar
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PORTS & SHIPPING

India plans SEZ in Myanmar

01 Sep 2016 1 Min Read CW Team
Having already built a port in Myanmar, India now plans to set up a SEZ in Sittwe. The proposed SEZ will be a direct rival to a Chinese SEZ, which is located 80 km down Sittwe and being developed as an economic hub for Delhi. The SEZ being planned aims at expanding India´s footprints in South East Asia. This is amid China´s plan for a massive road and port connectivity project in the region as part of its One Belt One Road initiative.

Having already built a port in Myanmar, India now plans to set up a SEZ in Sittwe. The proposed SEZ will be a direct rival to a Chinese SEZ, which is located 80 km down Sittwe and being developed as an economic hub for Delhi. The SEZ being planned aims at expanding India´s footprints in South East Asia. This is amid China´s plan for a massive road and port connectivity project in the region as part of its One Belt One Road initiative.

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