SINGAPORE - A Singapore-based consortium led by CPG Consultants has been appointed to develop the master plan that will guide the development of Myanmar's Kyauk Phyu Special Economic Zone (SEZ).
The CPG Consortium, comprising CPG Consultants, DTZ Debenham Tie Leung (SEA), Ernst & Young Solutions, Global Maritime And Port Services and PM Link, will oversee master planning of the site.
Kyauk Phyu, in Western Myanmar, is one of three SEZs earmarked for development by the Government of the Republic of the Union of Myanmar. The other two are Dawei in the south of Myanmar, and Thilawa near Yangon.
CPG Consortium will invite interested firms to submit their expressions of interest later this month, for phase one of the economic zone.
This first phase will include three key elements: a deep sea port, an industrial park and an integrated residential area with education, healthcare and recreational facilities.
The development of phase one is expected to start in 2015.