Myanmar
Special economic zones (Burmese: အထူးစီးပွားရေးဇုန်), which offer tax exemptions for different sectors (5 years for production, 8 years for high-tech, 2 years for agriculture, livestock breeding and forestry, and 1 year for banking) are undergoing preliminary construction in Sittwe Township and Kyaukpyu Township in Rakhine State. An international standard airport is also to be constructed. The six free trade zones will be Thilawa Port in Yangon, Mawlamyine in Mon State, Myawaddy and Hpa-an in Kayin State, Kyaukphyu in Rakhine State and Pyin Oo Lwin in Mandalay Region. According to the country's Special Economic Zone Law's Act 7, Section 36, homes and farming properties located on a proposed SEZ must be duly relocated and reimbursed.
The Myanmar Port Authority has been involved in facilitating contracts to develop Myanmar's Special Economic Zones, including a USD $8.6 billion deal to develop a deep sea port at Dawei, by Italian-Thai Development).
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