The Thilawa Special Economic Zone - located on the outskirts of Yangon - is the first Special Economic Zone (SEZ) to be built in Myanmar, and will be fully (commercially) operational within 2015. Inside Thilawa SEZ, (where) both (the) hard and soft infrastructure - from roads and utilities to supporting services such as maintenance - will be developed up to the international standard. It is located at 14 miles (23 km) South-East of Yangon, which is the biggest commercial city of Myanmar. The construction of all the hard infrastructures inside the zone has commenced since November 2013. The required soft infrastructures are being build up to be in line with the international standards.
It will be the first international standard SEZ of Myanmar and is developed by a Myanmar-Japan joint venture company with the name of Myanmar Japan Thilawa Development Limited, where the Myanmar government, Japanese government, Myanmar private consortium and Japanese private consortium have stakes. The Myanmar government has 10% stakes through the Thilawa SEZ Management Committee (TSEZMC), the Japanese government also has 10% stakes through the Japan International Cooperation Agency (JICA), Myanmar private consortium has 41% stakes through the Myanmar Thilawa SEZ Holdings Public Limited, and Japanese private consortium has 29% stakes through MMS Thilawa Development Co., Ltd.