Rakhine is open for
Business to the world
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Objective
The major objectives of this survey are:
To discover untouched opportunities for potential investment in Rakhine State with detail information such as available infrastructure and ease of doing business
To promote and introduce those prospective investment opportunities in Rakhine State to potential investors
To increase the relationship between local business in Rakhine State and foreign/ domestic investors from other states and regions
To support capacity building of DICA Sittwe Branch and demonstrate its services for industries
To develop Rakhine State economy by promoting private sector investment
Situated at geostrategic location at the Bank of Bay of Bengal
Richness in beaches, islands, and cultural and historical sites
Richness in natural resources
Wide stretches of land , rivers and high mountains
Sharing borders with key regions in Myanmar—Magwe, Bago, Ayeyarwaddy, etc
Contiguity with a populous market – Bangladesh and India
Large-scale projects under implementation:
- Kyauk Phyu SEZ and Deep Seaport
- Kaladan River Multimodal Development Project
- Offshore Oil & Gas exploration projects
Rakhine State Economic Development Plan
Government
Private Investment
Grants/ Development Aids
Development Loans
In line with the Rakhine State Economic Development Plan, we
would like to promote private investment
for the development of Rakhine
State.
OVERVIEW OF RAKHINE STATE
Population
GDP
- Under 15 - 31.1%
- 15 – 64 - 62.2%
- Over 65 - 6.7%
- Rural: - 1,744,519 (83%)
- Urban: - 354,288 (17%)
Total Area: Net arable land: |
:14184 sq-miles (1,635,850 acres)
:(18% of the total land area) |
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Major economic sectors: | Agriculture Fishery Tourism Oil and Gas Services |
Border trade stations: |
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Major investments: |
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Coastal Length | 443 miles |
IN THE NEWS
- International trade
- Port development
- Deep sea and offshore fisheries
- Oil and gas exploration
- Hotels and tourism
- Tourist transportation
- Oil and gas
- Mining
- Agriculture
- Livestock breeding
- Transportation
- Domestic trade
- International trade
- Manufacturing/processing