Myanmar is demarcating an area of 1,737 hectares in Kyaukphyu, western Rakhine state to establish a special economic zone (SEZ) in the region, an official report said Friday. Seeking approval of the parliament, the initial phase of the Kyaukphyu SEZ development project will have three components, a deep-sea port, an industrial park and an integrated residential area, reports Xinhua. The industrial park project will be implemented in a plot area of 8.5 km south of Kyaukphyu where there are five village-tracts, while the deep-sea port project-1 lies at a location north of Made Island and the deep-sea port project-2 is located north of Yanpye.
